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Could be a sign for the current economic environment. Ecommerce took really off in the last decade or so. The recovery after the crisis in '08 took long and whi
by dx034 10y ago
Could be a sign for the current economic environment. Ecommerce took really off in the last decade or so. The recovery after the crisis in '08 took long and while consumption was ok, it was never extremely good.
Current numbers, especially in the US, look very promising. Growth isn't where it has been in the past, but employment is very strong and so is spending. Wage growth will have a large effect on spending for gifts, especially for earners with low wages.
Maybe that's why Amazon was so surprised this year. They anticipated their growth number to what they sold last year and didn't account for the extra boost.
Of course that's just speculation, but it would fit well. And would explain why I don't see this effect on Amazon UK at all.