How today’s consumers are spending their time and money [PODCAST]

These are some of the trends highlighted in McKinsey’s ConsumerWise research on consumer sentiment and behavior, drawing on a survey of more than 25,000 consumers in 18 countries. Two ConsumerWise leaders discussed the findings on a recent webinar, excerpts of which are featured in this episode of the McKinsey on Consumer & Retail podcast, hosted by Monica Toriello. An edited transcript follows. (For ConsumerWise insights about the upcoming US holiday shopping season, read “An update on US consumer sentiment: Settling in for a tepid holiday season,” and the related podcast episode, “Holiday shopping 2025: US consumers hunt for early deals.”)

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