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downdraft

04/21/24 1:54 PM

#66143 RE: linkvest #66138

You're very welcome. What's even extra exciting about the e-commerce sector is how fast it is growing relative to brick and mortar sales. From Statista, I saw e-commerce in the U.S., in 2022, was just 15% of retail sales, but forecast to be 22% of retail sales by 2026.

In-store versus E-commerce sales

The reason that's huge is that they also forecast total U.S. sales in 2026 to be $7.9 trillion dollars. That 22% would be $1.738 trillion in U.S. e-commerce sales. The market's growing like a weed and cutting the middlemen out of the equation should bring a ton more money to any e-commerce company that wants to compete in this new type of e-commerce sector.

Forecast U.S. Retail Sales
Bullish
Bullish