Ezra Greenberg

Jan 16, 2025 | mckinsey.com | Ezra Greenberg |Kelsey Robinson |Olivia White |Tamara Charm

In McKinsey’s latest ConsumerWise research, consumers report feeling more optimistic about the US economy than they have all year. Even so, US consumer optimism overall is still lower than prepandemic levels, and more than half of consumers (53 percent) report mixed feelings or being pessimistic about the state of the economy. For decades, consumer sentiment and consumer spending have moved in sync—when people feel unsure about the economy, they spend less.

Jan 13, 2025 | mckinsey.com | Ezra Greenberg |Kelsey Robinson |Olivia White |Tamara Charm

In McKinsey’s latest ConsumerWise research, consumers report feeling more optimistic about the US economy than they have all year. Even so, US consumer optimism overall is still lower than prepandemic levels, and more than half of consumers (53 percent) report mixed feelings or being pessimistic about the state of the economy. For decades, consumer sentiment and consumer spending have moved in sync—when people feel unsure about the economy, they spend less.