Walmart and Home Depot reported 2022 performance results, including an outlook for 2023. Amazon reported annual results earlier this month. All indicators echo the same sentiments --a slowdown in spending for 2023. Consumers are shifting their spending and becoming more price sensitive.
Walmart, Amazon, And The Home Depot Agree, Consumer Spending Will Slow In 2023
Forbes - 25 Feb 2023 15:00
Walmart and Home Depot reported 2022 performance results, including an outlook for 2023. Amazon reported annual results earlier this month. All indicators echo the same sentiments --a slowdown in spending for 2023. Consumers are shifting their spending and becoming more price sensitive.
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