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US Residents Spend Record $9.4 Billion on Cyber Monday Purchases

US Residents Spend Record $9.4 Billion on Cyber Monday Purchases

US residents have spent a record $9.4 billion on purchases made during this year's Cyber Monday, a day when significant discounts are offered at online stores. CNBC reported this on December 3, citing statistics from Adobe Analytics, which analyzes data from 80 of the 100 largest retail chains in the United States.

This amount represents an increase compared to 2018, when total spending reached $7.9 billion. Furthermore, according to Adobe Analytics, the average checkout amount for online shoppers rose by 6 percent this year. The main items of expenditure included toys, video game accessories, televisions, and laptops.

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