How are consumers adjusting their longer-term spending habits as they emerge from a lingering pandemic into an unfamiliar global economy?
This session will share analysis from the Mastercard Economics Institute drawing from aggregated and anonymized sales activity in the Mastercard network and third-party sources, to look at how consumers are shifting their spending in the face of higher prices and a reinvigorated appreciation for experiences.
Our experts will explore consumer spending insights including:
What: With higher prices forcing consumers to rebalance their discretionary and essential spending, travel and food have reigned supreme in discourse in recent years
Where: Small businesses bore the brunt of pandemic-related closures, as they tried to rapidly shift online
When: Gone are designated days for spending. Working from home and the shift to digital have blurred the lines