US Consumers to Spend Record $1 Trillion Online in 2022: Report

US Consumers to Spend Record $1 Trillion Online in 2022: Report
Workers prepare orders for customers at the Amazon Fulfillment Center in Tracy, Calif., on Nov. 29, 2015. Fred Greaves/Reuters
Reuters
Updated:

U.S. consumer spending on e-commerce is expected to hit a record $1 trillion this year thanks to the pandemic-driven shift to online shopping, a report from Adobe Analytics showed on Tuesday.

The forecast represents a jump of 13 percent from 2021 and follows a total spend of $1.7 trillion over the course of two years of the COVID-19 crisis, starting March 2020.