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U.S. Online Spending Has Surged 20% This Month in Sign of Early Shopping


Photographer: LDProd/iStockphoto/Getty Images

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.