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

Amazon signage is displayed outdoors 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, almost three-quarters of U.S. consumers plan to spend lower than or the identical as final 12 months, based on a brand new Goldman Sachs client survey. And Membership holding Amazon (AMZN), a number one retailer for vacation gross sales and promotions, must be a high vacation spot for American bargain-hunters.

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