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MASTERCARD ECONOMICS INSTITUTE

Economic Outlook 2024

Balancing prices and priorities
Insights from the Economics Institute

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Blog
Eventful Economy: Total eclipse of the economy

The 2024 total solar eclipse was a highly anticipated event in the United States, with millions of Americans across the country traveling to witness the celestial phenomenon. How did this impact the economy?

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Blog
Eventful Economy: An economic hole in one

The annual Masters Tournament has golf fans flocking to Augusta, Georgia, providing a lift to the local economy from a concentration of spending. Golf isn’t just a sporting event but an economic one, too.

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Blog
Eventful Economy: The Swift Lift

As her concert tour travels across five continents with 151 scheduled shows, Taylor Swift delivers a boost to the local economies. What is the economic impact of The Eras Tour?

Economic Institute Blog

Key insights and deep dives into topics coming to you throughout the year

eclipse tile image
Blog
Eventful Economy: Total eclipse of the economy

The 2024 total solar eclipse was a highly anticipated event in the United States, with millions of Americans across the country traveling to witness the celestial phenomenon. How did this impact the economy?

masters tile image
Blog
Eventful Economy: An economic hole in one

The annual Masters Tournament has golf fans flocking to Augusta, Georgia, providing a lift to the local economy from a concentration of spending. Golf isn’t just a sporting event but an economic one, too.

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Blog
Eventful Economy: Carnival, Rio de Janeiro

During Carnival 2024, tourists spent more money at Rio de Janeiro’s restaurants, bars and grocery stores. How else did this year’s event impact the economy?

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Blog
Did you know? Where skiers go to splurge or save

Ski resorts worldwide are benefiting from continued consumer demand for experiences. From luxury resorts to budget-friendly options, where are skiers going to splurge or save?

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Blog
Did you know? US Return rates have stopped climbing

Return rates increased as US consumers grew accustomed to easy returns. But retailers incur additional costs. What was the US return rate trend in 2023?

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Blog
Eventful Economy: The Swift Lift

As her concert tour travels across five continents with 151 scheduled shows, Taylor Swift delivers a boost to the local economies. What is the economic impact of The Eras Tour?

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Blog
Australian Open 2024: Serving an ace for the economy

As tennis fans watch the first Grand Slam, the Melbourne hospitality industry is having its own rally with visitors hungry for an experience beyond the courts.

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Blog
ICC Cricket World Cup: A boost to India’s economy

The Indian hospitality industry saw a huge boost from the 2023 ICC Cricket World Cup, underscoring the true impact of big events on local economies.

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Blog
Inflation in Europe and the "high-low" economy

Inflation in Europe has led to a high-low economy that has squeezed out the middle. What does this mean for consumers, and how long will it last?

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Blog
How the ICC Cricket World Cup benefits the Indian economy

The ICC Cricket World Cup brings people together and has a positive ripple effect on local economies. How does the event benefit the Indian economy?

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Blog
US small business growth in a shifting economy

Small business growth has been spurred by the pace of business creation, the rise of online marketplaces and resilience in consumer spending. What’s next?

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Blog
Tourism fuels economic diversification in the Gulf states

The Gulf Cooperation Council (GCC) region stands out as one of the most resilient tourist hubs in its post-Covid recovery.

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Blog
Holiday spending 2023

Lower inflation plus a strong job market equal an empowered shopper. Who is the U.S. holiday shopper of 2023 and how will they impact holiday spending?

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Blog
London's economic clock

How has the UK economy evolved over the last few years? London is seeing a shift in consumer spending both during the day and night as a result of hybrid work patterns.

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Blog
When the consumer spends, the job market grows

The U.S. economy is proving resilient, thanks in part to a positive feedback loop between consumer spending and job market growth.

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Blog
Australia's Economic Clock

An analysis of the day and night economies in Sydney and Melbourne Australia, looking at changes in consumer spending by day of week and time of day.

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Blog
NYC's Economic Clock

The changing spending patterns in New York City offer valuable insights into the evolving nature of work and its impact on the NYC economy.

  • as part of one of the world’s largest and most dynamic technology companies in the payments space, sitting at the center of commerce for more than 50 years

  • and near real-time measures like SpendingPulse™ drawn from aggregated and anonymized sales activity across Mastercard’s global network, and proven external data sources

  • , with a hand-picked team of economists, data scientists, visual artists, storytellers, and others from across the public and private sectors

  • that melds hands-on, expert analysis with machine learning algorithms for deep, meaningful, and intuitive reporting

  • that allow users to customize their own pathways and derive hyper-relevant information to address their needs

  • to services such as Test & Learn® that allow clients to test the true impact of their ideas, moving from insights to action with certainty