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Article

State of the Consumer 2025: When disruption becomes permanent

June 9, 2025 -

Five years after the start of the COVID-19 pandemic, consumers’ crisis-era habits have lingered. Here’s what organizations can do to outcompete in the second half of the decade.

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Report

State of Beauty 2025: Solving a shifting growth puzzle

June 9, 2025 -

As momentum cools and definitions of beauty expand, beauty players face a new mandate: Win over skeptical consumers, recalibrate across markets, and prove their worth beyond the hype.

Image of two 3D translucent cubes with intricate internal structures and glowing blue light floating against a dark blue background.

Article

Overcoming two issues that are sinking gen AI programs

June 6, 2025 -

Hard experience has revealed common technology pitfalls in building a gen AI capability and proven strategies for overcoming them.

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Explainers

What is multimodal AI?

Multimodal AI is a type of artificial intelligence that can understand and process different types of information, such as text, images, audio, and video, all at the same time. Multimodal gen AI models produce outputs based on these various inputs.

Week in Charts

Prices top of mind for US consumers

US consumers have responded sharply to proposed global trade tariffs and ongoing inflation, according to results of McKinsey’s most recent ConsumerWise Global Sentiment Survey.

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Themes

Homeownership remains out of reach for many. What will it take to change that?

Housing is a cornerstone of economic opportunity and quality of life, influencing access to jobs, education, food security, healthcare, and amenities. Yet for many American families, the rising cost of renting or owning a home has become a significant barrier. Inflation, higher mortgage rates, and constrained housing supply—a shortage of 8.2 million units in 2023—have driven up costs, leaving aspiring homeowners and renters struggling to afford quality housing.

A stylized depiction of a man's suit, with the tie serving as a window into a tropical Miami cityscape featuring a small shop with men's wear mannequins in its window.

Lives & Legacies

A self-made clothing honcho, a trailblazing female exec, and an enterprising NBA player

Our April obituaries also include an architect behind New York’s High Line, an entrepreneur who shifted from dresses to dough, and a forward-thinking food scientist who cooked up a cocoa delight: Nutella.

More Explainers More Week in Charts More Themes More Lives & Legacies

Our Latest Survey Research

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Survey

Economic conditions outlook, March 2025

March 28, 2025 -

Uncertainty about geopolitics and trade now loom equally large as perceived economic disruptions, and surveyed executives express more caution about future conditions and company performance.

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Newsletters

The Weekend Read

Curated picks for your downtime

Mind the Gap

Only McKinsey Perspectives

Delivering actionable insights on the day’s news, as only McKinsey can

McKinsey Classics

Timeless insights—and why they’re as relevant as ever

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McKinsey Insights app: Leadership and business insights

Discover McKinsey's latest business insights on the biggest opportunities and most challenging issues facing executives today.

Interviews

Interview

Michael Sugar on the next frontier of brands and content

June 10, 2025 -

The Oscar-winning producer, talent manager, and cofounder of Sugar23 talks about a new model for brands to become full-fledged creators of long-form film and TV programming.

Portrait of Mark Birkhead with a light smile, wearing a charcoal suit and a maroon tie.

Interview

Data in the age of AI: A conversation with Mark Birkhead of JPMorganChase

June 5, 2025 -

Mark Birkhead, chief data officer at JPMorganChase, shares how his team is leveraging AI to extract strategic value from the bank’s massive data estate—all while meeting strict data governance standards.

Interview

How a tech start-up tackles legacy systems with composable tech stacks

June 5, 2025 -

The CEO and cofounder of tech start-up Conscia.ai discusses how companies can easily modernize their technology architecture and accelerate their agility through composable tech stacks.

Interview

The greatest gift to the business: A strong technology architecture

June 4, 2025 -

Starbucks Coffee Company CTO Deb Hall Lefevre explains why architecture is strategy for modern businesses looking to compete in the technology age.

Register for Upcoming Events

Unlocking Growth: The power of CEO, CMO, and CFO alignment

Thursday, June 26 at 12:30 p.m. EDT / 6:30 p.m. CEST

Amid rapid economic shifts, technological disruption, and evolving customer expectations, growth is no longer optional—it’s imperative. New McKinsey research highlights an unlock: reimagining the partnership between the CEO, CMO, and CFO to place the consumer at the center and align the C-suite around enterprise-wide value creation.

Join McKinsey senior partners Shelley Stewart III and Kelsey Robinson for a conversation on how this leadership triad can transform marketing into a core driver of sustainable growth. The session will explore strategies for aligning growth priorities and building marketing-led organizations that outperform. It will also cover the most pressing topics heard from industry leaders at Cannes Lions and their implications for leadership.

McKinsey on Books

Valuation: Measuring and Managing the Value of Companies, 8th edition

At the crossroads of corporate strategy and finance lies valuation. This book enables everyone, from the budding professional...

The Broken Rung

The broken rung is a phenomenon even more pervasive than the glass ceiling in holding women back from career success. This book...

Book cover of Why Workplace Wellbeing Matters.

Author Talks: Are your employees happy at work?

May 29, 2025 -

A workplace well-being expert explores how employee satisfaction drives company performance—and makes the case for why...

New from the Quarterly

Since 1964, McKinsey Quarterly has delivered our most distinctive, crosscutting insights. We’re delighted to mark its 60th birthday with a yearlong celebration featuring special issues, interactive experiences, and bonus compilations.