Consumer Spending Shifts Webinar
Consumer Spending Shifts
Monday, April 17, 2023
11:00 AM Eastern
Carlos Herrera, Chief Economist, Coca-Cola North America
Michelle Meyer, Chief Economist US, Mastercard Economics Institute; Co-Chair, NABE Consumer/Retail Roundtable
The consumer has been remarkably resilient in this economic cycle, continuing to spend in the face of high inflation and rising interest rates. This reflects the health of the labor market and solid household balance sheets. But there have been shifts in consumer behavior that could become increasingly evident as consumers face economic hurdles. Experiences and necessities, particularly food, have been prioritized, while bigger ticket durable items have fallen out of favor. In this webinar, the panelists will explore real-time spending insights to discuss consumer choices, understanding the what, where, and why of consumer spending, with a particularly close look at spending on food.
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