Despite wider economic uncertainty hovering above this year's holiday season, shoppers turned out in big numbers for Black Friday — spending billions of dollars both in stores and online. Adobe Analytics, which tracks e-commerce, said U.S. consumers spent a record $11.8 billion online Friday, marking a 9.1% jump from last year. It was a slight increase from the company's spending estimate of $11.7 billion. Traffic particularly piled up between the hours of 10 a.m. and 2 p.m. local time nationwide, when $12.
Main Idea: U.S. shoppers spent a record amount online on Black Friday, even as high prices and economic worries continued to shape how people bought holiday items.
Key Points:
Higher prices, tariffs, and growing credit card debt can leave households paying more for holiday goods and carrying more risk into next year.
Strong Black Friday spending can help retailers, workers, and small businesses see more sales and holiday jobs.
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Cited as the source of e-commerce estimates and spending data for Black Friday and Thanksgiving.
Cited for holiday spending forecasts and growth expectations.
Cited for its Black Friday sales estimate and checkout metrics.
Cited for its merchants’ Black Friday sales figures and peak sales rate.
Mentioned in connection with tariffs that may be contributing to higher prices and consumer uncertainty.
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