03/29/2020
Trends aren't just for fashion. A macrotrend is simply a collection of data analysis about the current world as it is happening. By studying a current macro trend, we can more accurately predict and navigate the times.
Color has an extremely powerful effect on humans. Let's take a look at previous macro trends as it relates to color
In 2008 we saw a lot of grays and dark, deep purples. In fact, Pantone's Color of the Year was Blue Iris; a color known for evoking meditative and soul-searching emotions. Between The Great Recession, the ongoing Middle Eastern War, and the emergence of more modern-day social media, there was a lot going on and people were looking inward to avoid the outward. People were scared! As a whole, we lacked the confidence we once had in the 90s.
Jump to 2016, and for the first time in Pantone's Color of the Year history, they chose 2 colors-- Rose Quartz and Serenity. These 2 colors were indicative of what was happening around the world. People were exploring holistic treatments a mainstream solution, meditation, tarot cards, and horoscopes were also emerging into the mainstream as acceptable forms of entertainment and sources of authority for some. Did you know J.P Morgan once said, "millionaires don't have astrologers but billionaires do." Truly ahead of his time
Flash forward to 2019, Living Coral was announced as Pantone's 2019's Color of the Year. Only a few short months ago and you probably remember the optimism we all once shared for the new decade. Lol RIP 2020 plans
Macro trends are extremely fun to study and easy once you train your eye!
4 Ways to Spot Macrotrends
1) Read your local, national, and international newspapers. Twitter is a great way to stay informed by the minute. Just be sure you're getting info from trusted sources
2) Stay up to date on changing technologies
3) Learn to spot something when you see it (even in varied forms) on a regular basis.
4) Economics plays a HUGE role in trends, consumer confidence is key. Make sure you know what's going on with the economy!