You will be redirected back to your article in seconds
Skip to main content

Trump is Already Damaging Online Sales

For all Donald Trump’s talk about boosting the U.S. economy, the president-elect has already had an adverse effect on the booming e-commerce sector.

Per an Adobe Digital Insights report released Thursday, retailers lost nearly $1 billion worth of online sales in the first 14 days of November, with the biggest drop happening in the aftermath of Trump’s Nov. 8 victory, when sales growth trickled to 1.3% compared to the expected 7.8% surge.

“Consumers are distracted,” Becky Tasker, a managing analyst at Adobe Digital Insights, told Glossy. “They’re following public events and they haven’t quite flipped the switch to holiday shopping.”

Read more at Sourcing Journal.