
Amid Rising Inflation and Slowing Growth, How is the U.S. Consumer Faring?
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The Pandemic Effects on E-Commerce
During the pandemic, we saw a huge boost to consumption over the internet. What are we seeing now that a lot of these pandemic effects have run their course? We had an enormous pull forward effect from the pandemic. But on a two year stack or three year stack, if you were to normalize what revenue looks like, e-commerce is still growing in the high single digits.
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