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The data, what are you seeing? we re seeing people starting to pull back on physical goods spending. we re seeing noticeable drops in how much people are spending on furniture and electronics for example. to be fair some of the demand got pulled forward the past few years because people spent more time at home. right now the hottest spending categories have to do with entertainment, travel, dining. s it is really still a story about all the pent up demand that stacked up during the pandemic. when you say people continue to spend on entertainment and dining, that doesn t to me flash warning signs. you re right. this is definitely not meeting the classic definition of recessionary or near recessionary spending. we ve been hearing for two years now that recession is right around the corner. i think the strong job market is a big part of this. of course that tends to be more of a lagging indicator than a ....
Developer billings and sales increased by 27% between 2019 and 2020, another 27% between 2020 and 2021, and 29% between 2021 and 2022, demonstrating a healthy and dynamic marketplace., Technology & Science News, Times Now ....
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