Record Cyber Monday Sales: U.S. Shoppers to Spend $14.2 Billion

Adobe Analytics predicts U.S. shoppers will spend $14.2 billion on Cyber Monday, reflecting a 6.3% growth from last year despite tighter budgets. Known as the largest online shopping day, Cyber Monday concludes the Thanksgiving shopping weekend with enticing discounts driving consumer spending.

According to a report from Adobe Analytics, U.S. shoppers are forecasted to shell out a staggering $14.2 billion on Cyber Monday. This surge in spending represents a 6.3% increase compared to last year.

Despite economic constraints, American consumers are expected to embrace online discounts, making the most of their budgets during this shopping extravaganza. Cyber Monday stands as the biggest online purchasing day in the United States.

This anticipated growth underscores the significance of Cyber Monday within the broader Thanksgiving shopping weekend, as consumers eagerly await the substantial discounts offered.

(With inputs from agencies.)