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U.S. buyers to spend much less this vacation season, however Amazon nonetheless stands to achieve, Goldman Sachs says

Amazon signage is displayed exterior of an Inc. supply hub within the late night of Amazon Prime Day, July 12, 2022 in Culver Metropolis, California.

Patrick T. Fallon | AFP | Getty Pictures

Amid mounting financial uncertainty this vacation season, practically three-quarters of U.S. buyers plan to spend lower than or the identical as final yr, in accordance with a brand new Goldman Sachs shopper survey. And Membership holding Amazon (AMZN), a number one retailer for vacation gross sales and promotions, ought to be a prime vacation spot for American bargain-hunters.

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