Not afraid of the “doomsday” atmosphere? Amazon: Even if the U.S. recession is in the U.S., the company won’t be too painful

In a monthly survey, 70% of economists believe that there will be a recession in the United States in the first half of 2023. But Amazon doesn’t expect a recession. The firm’s economists put the probability of a U.S. recession in the next six months at just 30 percent. In addition, Amazon’s economists believe that if a recession does occur, the company will not suffer much, because 60% of the company’s revenue comes from high-income consumer groups, which are less affected by high unemployment and other consequences of the recession.

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