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Cyber Monday sales should be robust but business cooling

November 29, 2021

Via: ABC News

Consumers are expected to spend between $10.2 billion and $11.3 billion on Monday, making it once again the biggest online shopping day of the year, according to Adobe Digital Economy Index.

Still, spending on what’s known as Cyber Monday could drop from last year’s level of $10.8 billion as Americans are spreading out their deals more in response to discounting in October by retailers, according to Adobe, which analyzes more than one trillion visits to U.S. retail sites.

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