💨 Abstract

On the first day of Amazon's extended Prime Day event and competing retail sales, U.S. online spending surged to $7.9 billion, a 9.9% increase year-over-year, according to Adobe. Shoppers focused on appliances, electronics, home improvement, and back-to-school items, with significant spikes in spending in these categories. Households spent an average of $106, with many placing multiple orders.

Courtesy: WTOP Staff