Online consumer spending jumped 20% this month through Tuesday in a sign that holiday shopping has started early, according to the Adobe Digital Economy Index.
Purchases totaled $72.2 billion during the period and toys were a key driver, Adobe said in a report released Wednesday on e-commerce trends in the U.S. Underscoring widespread shortages in supply, out-of-stock messages have more than tripled compared with November 2019, before the coronavirus pandemic.
