Online holiday sales in the U.S. were up just 2.5%, says report
Online holiday sales are expected to hit $210 billion during the holiday season in the U.S., according to the latest forecast from software giant, Adobe.
This mere 2.5% increase from the 2021 holiday shopping season – which grew 8.6% year-over-year with $204.5 billion spent online during the year – was due to the uncertain economic environment, the volatile stock market, and the rising costs of borrowing.
