EconomyLens.com
No Result
View All Result
Wednesday, September 23, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

US ‘Black Friday’ online spending put at record $10.8 bn

David Peterson by David Peterson
November 30, 2024
in Economy
Reading Time: 3 mins read
A A
0
44
SHARES
547
VIEWS
Share on FacebookShare on Twitter

The high spending totals were the result not of price inflation but of rising demand. ©AFP

Washington (AFP) – American consumers spent a record $10.8 billion online during “Black Friday” promotions, with many using artificial intelligence tools to find the best deals, Adobe Analytics announced Saturday. Total sales were 10.2 percent higher than on Black Friday in 2023, it said. The biggest sales during the annual day-after-Thanksgiving promotions were for toys, jewelry, household appliances, skin- and hair-care products, clothes, and electronic devices.

Related

China’s Xi heads to US for talks with Trump: state media

EU agrees to lift sanctions on Russian oligarchs Usmanov, Fridman

How is the EU approaching record fuel prices?

No green light to lift EU sanctions on Russian oligarchs, talks to resume

EU proposes energy rating for data centres

Passing the $10 billion mark was an important step for electronic commerce, given that Black Friday shopping traditionally has been in brick-and-mortar stores, according to Adobe Digital Insights analyst Vivek Pandya. The high spending totals were the result not of price inflation but of rising demand, Adobe said, adding that electronic sales had seen prices decline for 26 straight months — down 2.9 percent in October from the same month in 2023.

AI appeared to play a significant role. Traffic on sites that use artificial intelligence to help guide consumers was up a huge 1,800 percent from last year’s Black Friday, Adobe said. An Adobe survey found that consumers used AI not just to find the best deals but to quickly locate specific articles or to get product recommendations.

Each year, Black Friday marks the opening of the year-end holiday sales season in the United States. As Black Friday promotions continue, online consumers are expected to spend an additional $5.2 billion on Saturday and $5.6 billion on Sunday, Adobe said. And record sales of $13.2 billion are predicted for Cyber Monday, up 6.1 percent from 2023. For the full five-day period from Thursday through Monday, consumers are expected to spend a total of $40.6 billion online, up seven percent from last year, Adobe said.

© 2024 AFP

Tags: AIconsumer spendinge-commerce
Share18Tweet11Share3Pin4Send
Previous Post

Trudeau meets Trump in Florida as tariff threats loom

Next Post

Defiant Adani says committed to compliance after US indictment

David Peterson

David Peterson

Related Posts

Economy

German auto workers stage mass protests in bid to save jobs

September 22, 2026
Economy

US seeks ‘AI dialogue’ with China as officials set stage for Trump-Xi summit

September 21, 2026
Economy

Top US, Chinese economic officials meet ahead of Trump-Xi summit

September 20, 2026
Economy

France’s debt climbs to highest since 1978: ministry

September 19, 2026
Economy

Crisis-wracked Volkswagen warns of 10-bn-euro hit to profits

September 20, 2026
Economy

Australia to detain tourists who overstay visa, minister says

September 17, 2026
Next Post

Defiant Adani says committed to compliance after US indictment

Trump calls meeting with Trudeau 'productive' after tariff threat

US wine merchants urge exclusions from blanket tariffs

Glittering dreams: India's big push for solar power

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

China’s Xi heads to US for talks with Trump: state media

September 23, 2026

Trump met with Venezuela’s interim leader at UN

September 22, 2026

Meta leans into AI, smart glasses amid privacy pushback

September 23, 2026

Outgoing UN chief makes climate push at New York summit

September 23, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.