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Balancing Essentials and Fun: The State of Experience Spending in America

Balancing Essentials and Fun: The State of Experience Spending in America

Uncover how consumers are redefining their discretionary spending

Do I save up for that big purchase or do I treat myself to some nice UberEats dinner?

With rising cost of living and post-pandemic sense of FOMO (fear of missing out), many Americans are asking the question above.

Our brand-new report breaks down how Americans are handling their experience spending, what experiences they prioritize and what that means for brands like yours.

Discretionary Spending report with fanned out pages of the report

We used our proprietary SaaS platform, Upsiide, to survey a representative sample of 1000 Americans aged 18-78. The study covered consumers across 4 generations, giving us a well-rounded view of how each one approaches discretionary spending. By asking both attitudinal and behavioral questions, we captured a detailed picture of consumer habits and preferences in today’s economy.

What's inside

Experience is everything

Find out why younger consumers are saying “yes” to experiences over savings.

Generational spending split

Uncover how Gen Z, Millennials, Gen X and Boomers differ in their spending habits.

The top discretionary spending category is…

See which experiences and discretionary categories consumers are prioritizing today and how the results change by subgroups.

So, what does that mean for brands?

Learn from our research experts at Dig on how to turn these insights into strategies for brand success.

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The current economic climate in America is tough. With countless companies laying off workers, major banks collapsing, and consumers taking cost-saving into their own hands, the economic outlook feels bleak. We wanted to know how this landscape translates to the everyday lives of the American public.