US Shoppers Gear Up for Record-Breaking Cyber Monday Spending Despite Economic Uncertainty
As the holiday shopping season enters its final stretch, American consumers are gearing up for a record-breaking Cyber Monday. With deals on electronics and apparel promising significant discounts, shoppers are expected to flock to their computers and smartphones in droves. According to Adobe Analytics, US online spending is projected to reach $14.2 billion on Monday, with sales peaking between 8pm and 10pm local time.
While some economists have expressed concerns about the economic uncertainty surrounding President Trump's tariffs on foreign imports, experts believe that Cyber Monday shopping frenzy will drive record-breaking spending this year. Adobe's latest estimates suggest that shoppers will spend more than $13 billion globally on Cyber Monday alone, with a similar amount expected to be spent online throughout the week.
One factor contributing to the surge in spending is the growing popularity of "buy now, pay later" plans, which allow consumers to delay payments on holiday purchases. Adobe predicts that buy now, pay later loans will drive $20 billion in online spending this holiday season, with mobile devices playing a key role in these transactions.
The shift towards mobile shopping continues to accelerate, with smartphones accounting for 58% of online spending this season. Social media and artificial intelligence-powered shopping services are also becoming increasingly popular, with AI assistants contributing to $14 billion of the total $79 billion spent on Black Friday alone.
While some experts caution that rising retail prices may contribute to record sales figures, Adobe's estimates suggest that consumers are being driven by a desire for deep discounts rather than quantity. As one analyst noted, "Cyber Week is off to a strong start," with discounts set to remain elevated through Cyber Monday.
The National Retail Federation has predicted that US shoppers will spend over $1 trillion during the November-December holiday season, although the rate of growth is expected to slow compared to previous years. Nevertheless, for many consumers, Cyber Monday represents the "last call" to snag deep discounts on popular items like gaming consoles and toys-turned-fashion statements.
With Cyber Monday fast approaching, shoppers are advised to be cautious about their spending habits, given rising credit card debt and delinquencies on short-term loans. Nonetheless, for those eager to take advantage of record-breaking deals, Cyber Monday promises to be an event not to be missed.
As the holiday shopping season enters its final stretch, American consumers are gearing up for a record-breaking Cyber Monday. With deals on electronics and apparel promising significant discounts, shoppers are expected to flock to their computers and smartphones in droves. According to Adobe Analytics, US online spending is projected to reach $14.2 billion on Monday, with sales peaking between 8pm and 10pm local time.
While some economists have expressed concerns about the economic uncertainty surrounding President Trump's tariffs on foreign imports, experts believe that Cyber Monday shopping frenzy will drive record-breaking spending this year. Adobe's latest estimates suggest that shoppers will spend more than $13 billion globally on Cyber Monday alone, with a similar amount expected to be spent online throughout the week.
One factor contributing to the surge in spending is the growing popularity of "buy now, pay later" plans, which allow consumers to delay payments on holiday purchases. Adobe predicts that buy now, pay later loans will drive $20 billion in online spending this holiday season, with mobile devices playing a key role in these transactions.
The shift towards mobile shopping continues to accelerate, with smartphones accounting for 58% of online spending this season. Social media and artificial intelligence-powered shopping services are also becoming increasingly popular, with AI assistants contributing to $14 billion of the total $79 billion spent on Black Friday alone.
While some experts caution that rising retail prices may contribute to record sales figures, Adobe's estimates suggest that consumers are being driven by a desire for deep discounts rather than quantity. As one analyst noted, "Cyber Week is off to a strong start," with discounts set to remain elevated through Cyber Monday.
The National Retail Federation has predicted that US shoppers will spend over $1 trillion during the November-December holiday season, although the rate of growth is expected to slow compared to previous years. Nevertheless, for many consumers, Cyber Monday represents the "last call" to snag deep discounts on popular items like gaming consoles and toys-turned-fashion statements.
With Cyber Monday fast approaching, shoppers are advised to be cautious about their spending habits, given rising credit card debt and delinquencies on short-term loans. Nonetheless, for those eager to take advantage of record-breaking deals, Cyber Monday promises to be an event not to be missed.
. I mean, $14.2 billion online spending is just insane! The fact that "buy now, pay later" plans are becoming super popular is definitely a thing of the past, isn't it? 
Everyone's just so eager to get those discounts and deals 
.
. It's wild to think that AI assistants alone contributed to $14 billion of Black Friday sales 
. It's interesting to see how consumers are bucking that trend by going wild for Cyber Monday 
. Maybe it's just the festive spirit or maybe it's something more... who knows? 
. And with all these buy now, pay later plans popping up, it's like a never-ending cycle of credit and cash out 
. I'm not saying it's all bad, though - if you're smart about your spending habits, you can snag some amazing deals 
. Just gotta be careful not to overspend, or you'll be regretting it come January 
! With the prices dropping like crazy, I can finally get my hands on that new gaming console I've been eyeing 
.
. Plus, with the NRF predicting over $1 trillion in holiday sales, it's clear that Cyber Monday is where it's at. Bring on the deals! 
As long as I'm budgeting and making sure I've got the cash to pay for those purchases, I'll be totally down to join in on Cyber Monday shopping extravaganza! 
but at the same time its crazy how people are getting loans to buy stuff they dont really need... like what happens when you cant pay it back? 
anyway, im gonna take advantage of all these deals and get some new gaming console 
. The shift towards mobile shopping is undeniable, and I think it's interesting how "buy now, pay later" plans have become a major driver of online spending 
. I mean, we know some of these deals are fire 
, but at what cost, you know? 
. Anyway, gotta stay ahead of the game if I wanna snag those sweet discounts! 
. who needs economic stability when you can get 50% off that gaming console you've been eyeing? 
and btw, $14 billion projected online spending? more like $20 billion "we're gonna pay for this later" debt 
.
, I'm so down for this Cyber Monday shopping frenzy 
. And with those discounts on gaming consoles and toys, it's hard to resist the temptation 
i mean, i've heard of those services before but never thought much about them... now im thinking about being more careful with my spending 
. Like, seriously can't we just wait until January and enjoy our stuff without breaking the bank? 
. I mean, who needs a 401k when you can get 50% off on that new gaming console, right? 
Anyway, I guess we'll all just have to wait and see how much damage we do this Monday