In this episode of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, explores how circular spending has reshaped back-to-school shopping. From refurbished gear to resale platforms, families are making choices that reflect a changing economy.
- From apparel to sports gear, pre-owned items are increasingly top-of-mind for consumers, especially in a world of higher tariffs.
- Circular shopping is gaining momentum, particularly during seasonal shifts like back-to-school.
- It’s not just about saving money; it’s about making thoughtful trade-offs with an eye toward sustainability.


Circular spending isn’t just a trend — it’s a signal that consumers are making smart choices and reshaping how we think about value.
Michelle Meyer Chief Economist and Head of the Mastercard Economics Institute
Access previous episodes here:
Episode 3
Price at the pump: what’s behind the numbers and why they matter
In this episode of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, breaks down what’s driving gas prices and what the recent dip means for your wallet.
Episode 4
Unemployment: Why a little goes a long way
In this episode of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, explains why a little unemployment can be a sign of a healthy, flexible labor market.