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Education

Following unstable gas prices and the growing As more people push
interest in sustainability, this is not a surprising
shift, but it does explain why so many companies are toward enhancing value while
pushing for electric vehicles. they shop, less room is left

Outside of personal transportation, we are also for anything other than the
seeing changes in public transportation behaviors. In essentials. Adding to this,
2023, the public transportation industry is expected
to reach $46.87 billion (see https://bit.ly/3zMC5vb). more people don't just want
However, public transportation is seeing major shifts essentials—they want them in a
since the onset of COVID-19. Due to the potential
risks, 42 percent of travelers are actively avoiding way that brings more value.
public transportation (see https://pwc.to/40Z5I8E).

• Shopping methods: Thanks to innovations offered striving to reach a national or even global audience.
by technology, we are changing the way that we Business owners are using digital resources to
shop completely. As more people explore ecommerce open storefronts, as well as using platforms—like
options and choose to shop online, it is easy to observe DoorDash—to ship products directly to consumers—
these changes. People continue to shop in person, but even in other states. As new options proliferate, more
online shopping and hybrid digital models makes it consumers will adapt to the convenience that online
easier than ever to shop from your phone. In 2023, shopping offers.
the United States is expected to hit 300 million digital
buyers (see https://bit.ly/3ZPNF3m). • Homes and real estate: Home prices are dropping in
quite a few regions, but that doesn't mean the average
As we continue to explore alternatives to traditional consumer wants to go out and buy one. For the time
shopping, companies are changing how they do being, home ownership is looking like a questionable
business. More brands are working to ensure their opportunity, despite sinking prices, due to climbing
products are available online, with many additionally mortgage rates.

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