This webinar originally aired December 1, 2022.
The unpredictable intersections of inflation, supply chain issues, and evolving consumer preferences have made planning for the 2022 holiday season a huge challenge. As we move from Black Friday into December, retailers will need to understand consumer spending to most effectively adjust 2023 planning and forecasts.
This session shared updated Black Friday shopping insights from Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment. Mastercard SpendingPulse measures anonymized and aggregated sales activity in the Mastercard payments network, coupled with survey-based estimates for other payment forms, such as cash and check, to offer insights into key questions.
Our experts explored consumer spending insights including:
What our data tells us about consumer sentiment
What and how retailers are thinking about the holiday season
How this season ties into an outlook for the overall US economy
What to watch for as the season evolves
Chief Economist, U.S., Mastercard
Senior Vice President, Retail & Commerce, Mastercard
Senior Advisor, Mastercard and Former CEO & Chairman, Saks Inc.