1 E-Commerce Stock That Isn't Slowing Down
2022 is shaping up to be a tough year for e-commerce stocks.
A combination of difficult comparisons with 2021, fears of a recession, and consumer demand shifting back to brick-and-mortar stores and services like travel and restaurants is weighing on this usually reliable growth sector.
According to the U.S. Census Bureau, adjusted e-commerce sales (which factors in inflation) grew just 6.6% in the first quarter, and e-commerce's total share of retail sales actually fell from 14.8% in Q1 2021 to 14.3% in Q1 2022.
Source Fool.com
