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8/12, 4:09 PM (Source: TeleTrader)
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Amazon to buy $120B of US supplies, services in 2021

Amazon.com Inc. announced on Thursday it is set to spend a total of $120 billion on supplies and services from American businesses in 2021.

The company noted it will purchase equipment for logistics sites, supplies for corporate offices, and services for construction, design, and engineering projects from over 200,000 firms in the United States, thus supporting 80,000 jobs. Amazon added that this year's spending on supplies and services represents a 20% rise compared to the previous year.

"In a time defined by uncertainty, having Amazon as a customer is a lifeline for many small and medium-sized businesses across the country," Vice President of Small Business Policy at the US Chamber of Commerce Tom Sullivan stated.

Breaking the News / NP