Year-to-Date Online Shopping Spend Up 9% Over 2021: Adobe

Even in an uncertain economy, “every business continues to prioritize its digital investment,” said Anil Chakravarthy, Adobe president-digital experience, on an earnings call Thursday for fiscal Q2 ended June 3. June’s Adobe digital index report, which leverages “trillions of data points” from Adobe analytics, found consumers spent a billion dollars more online in May than in April, he said. Shoppers year to date have spent more than $377 billion online, “roughly 9% more than the same period last year,” he said.