FILE PHOTO: The congested Port of Los Angeles is shown in San Pedro, California, U.S., September 29, 2021. REUTERS/Mike Blake
(Reuters) - U.S. consumer spending on online shopping during the holiday season was weaker than expected, Adobe Analytics data showed, as supply chain issues caused product shortages and delayed deliveries.
Consumers spent a record $204.5 billion online over the 2021 holiday season, an increase of 8.6% from a year earlier, Adobe Analytics said in a report on Wednesday.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
