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How are the latest trends in consumer spending reshaping the economy?

Your Personal Economist’ with Michelle Meyer, Chief Economist at the Mastercard Economics Institute, breaks down some of the biggest stories in macroeconomics, explaining why they matter to you:

  • Despite high inflation, consumers haven’t stopped spending on wants
  • Consumers are prioritizing experiences and self-care over tangible products
  • Spending on movies and live performances see highest category growth
michelle headshot
While inflation may limit how much consumers spend, they are more empowered than ever to choose how they spend it and adjust that spending as personal preferences change.
Michelle Meyer Chief Economist and Head of the Mastercard Economics Institute