The ways and reasons people spend are shifting as underlying forces from aging to technology to climate reshape budgets to shopping options. Where will we spend our money — what will be the mix of physical versus virtual in our future shopping? Who will be able to spend — how will economic volatility matter to people’s spending? How will we find products and services in this changing nature of “discovery”?
The U.S. economy is a $25 trillion beast. We’re not going to solve all its problems. However, in this What the Future: Spending issue, we’ll show how people, businesses and brands are responding to fluctuations in the economy and climate, new technologies for shopping, and evolving values driving purchases. We’ll also share ways that companies and brands can navigate through change and support a more resilient economy.
For more foresight content, subscribe to the What the Future newsletter for new topics each month. Be sure to register for the What the Future: Spending companion webinar as we lead you through the latest data, panels and insights. For now, keep reading as experts from retail to economics discuss how changing economic cycles, creator commerce, augmented reality and purpose will reshape how people will spend in the future.
- Claudia Sahm, economist and founder, Sahm Consulting — How businesses can support a resilient economy
- Kit Ulrich, general manager, LTK — Why creators are key to making e-commerce human
- Doug Frisbie, vice president, global marketing, Snap — How augmented reality will make shopping more personal
- David Wagner, executive vice president, venture platforms, VF Corporation — How purpose and innovation will shape how we spend
For full results, please refer to the annotated questionnaire.