Reported 2 months ago
Recent earnings reports from e-commerce platforms like eBay, Etsy, and Wayfair provide insights into consumer spending habits amid ongoing inflation. Analyst Ygal Arounian discusses how Etsy is currently positioned in a challenging consumer environment, highlighting shifts in spending towards essentials and discretionary items, indicating that while necessities hold strong, non-essential purchases are experiencing a downturn.
Source: YAHOO