Name: Cyber Monday could break spending records despite economic uncertainty
Uploaded: 2025-12-02T02:49:42.707Z
Duration: 3 min 45 s
Description: Americans are set to spend billion of dollars on Cyber Monday deals.

Americans are set to spend billion of dollars on Cyber Monday deals.

Washington

Cyber Monday, celebrating its 20th anniversary, is projected to see Americans spend over $14 billion online, a 6% increase from the previous year. Despite concerns about inflation, unemployment, and lower consumer sentiment, the day is expected to break spending records, with top deals on technology and appliances from major retailers.

Surveys indicate overall holiday spending may decrease by 5%, with Gen Z planning the largest cutbacks. Artificial intelligence is increasingly influencing shopping recommendations, and retailers are extending deals throughout the week, with additional savings opportunities on National Free Shipping Day and Super Saturday.

Cyber Monday could break spending records despite economic uncertainty

CYBER MONDAY IS CELEBRATING ITS 20TH ANNIVERSARY TODAY. THE SHOPPING HOLIDAY WAS ORIGINALLY COINED BY THE NATIONAL RETAIL FEDERATION TO PROMOTE ONLINE SHOPPING FOLLOWING THANKSGIVING. IT'S BECOME AN ANNUAL TRADITION FOR AMERICANS TO FIND SOME OF THE BEST DEALS. SCRIPTS NEWS CORRESPONDENT STEPHANIE LEBER GETTING IN WITH US NOW. A LOT OF PEOPLE ARE SCROLLING AND ADDING ITEMS TO THEIR CARTS TODAY. WHAT SORT OF DEALS CAN THEY EXPECT? DEPENDING ON WHERE YOU'RE LOOKING, YOU CAN FIND DEALS OF SELECT ITEMS UP TO 50 OR EVEN 60 PERCENT OFF. BUT ONLINE SHOPPING IS NOT EXPECTED TO PEAK UNTIL LATER THIS EVENING IN THE AFTERWORK HOURS WHERE OFFICIALS THINK THERE MIGHT BE AS MUCH AS 16 MILLION DOLLARS SPENT EVERY MINUTE. SO THERE IS PLENTY OF TIME TO STILL SCORE A DEAL IF YOU HAVEN'T DONE ANY SHOPPING YET. BUT FOR A LOT OF AMERICANS LOOKING FOR THESE DEALS, IT'S ABOUT TRYING TO BALANCE GETTING EVERYTHING ON THEIR LIST AND MAKING THE MOST OF IT THIS YEAR. ON CYBER MONDAY... I'VE BEEN LOOKING AT THE WEBSITES OF THE BRANDS I FREQUENTLY BUY FROM BECAUSE I DON'T WANT TO PAY FULL PRICE FOR THOSE SO I LOOK FOR DEALS. AMERICANS ARE PROJECTED TO SPEND MORE THAN 14 BILLION DOLLARS ONLINE MONDAY, UP 6 PERCENT FROM LAST YEAR. AND THAT'S JUST DAYS AFTER SHOPPERS SPENT NEARLY 12 BILLION DOLLARS ONLINE ON BLACK FRIDAY. I THINK IT'S GOING TO BE ANOTHER RECORD BREAKER. IT'S TYPICALLY THE BIGGEST SHOPPING DAY OF THE YEAR ONLINE. SOME OF THE BEST DEALS ARE ON TECH ITEMS, FROM CELL PHONES TO SMALL APPLIANCES, ACCORDING TO SMART SHOPPING EXPERT TREY BODGE. YOU CAN GO STRAIGHT TO THE BRANDS TO FIND GREAT DEALS, BUT THEN YOU CAN GO TO YOUR FAVORITE RETAILER, LIKE AMAZON HAS TONS OF TECH DEALS, AND THEN LOOK AT WALMART, BEST BUY, LOTS OF GREAT DEALS THERE, EVEN ON APPLE. BUT CONCERNS ABOUT HIGHER PRICES COULD HOLD SOME SHOPPERS BACK THIS YEAR. INFLATION IS HIGH, UNEMPLOYMENT IS HIGH, CONSUMER SENTIMENT IS LOW, WE SHOULD NOT BE GOING OVERBOARD THIS YEAR, AND SO REALLY, AS A CONSUMER, MAKE YOUR LIST, STICK TO THAT LIST. CONSUMERS EXPECT THEIR TOTAL HOLIDAY SPENDING TO DROP BY 5 PERCENT, COMPARED TO LAST YEAR, ACCORDING TO A PWC SURVEY. THE INFLATION DOES WORK, SO YEAH, WE ARE ALL A LITTLE MORE MINDFUL THIS YEAR THAN WE USUALLY ARE. AND GEN Z SHOPPERS PLAN TO CUT BACK THE MOST, SAYING THEY'LL SLASH THEIR HOLIDAY SPENDING BY 23 PERCENT THIS YEAR. AI IS ALSO PLAYING A BIGGER ROLE IN THE SHOPPING EXPERIENCE THIS YEAR. BODGE HAD A GOOD SUGGESTION. IT CAN BE A GOOD RESOURCE IF YOU NEED TO FIND A GIFT FOR THAT PERSON WHO IS HARD TO SHOP FOR. BUT KEEP IN MIND, SOME RETAILERS ACTUALLY HAVE PARTNERSHIPS WITH AI TOOLS, SO THEY MIGHT PUSH YOU TO THEIR SPECIFIC SITES MORE OFTEN. ALWAYS GOOD TO GUT-CHECK YOURSELF WITH A HUMAN-BASED RESOURCE. ANDREW? ANDREW, STAFF FOR THE PROCRASTINATORS OUT THERE ASKING FOR A FRIEND. IF THEY DON'T GET THEIR SHOPPING DONE TODAY, ARE THERE OTHER DAYS THEY COULD SCORE SOME DEALS? CERTAINLY. WHILE SOME STORES WILL EXTEND THEIR CYBER MONDAY SALES ALL THROUGH THE WEEK, CALLING IT CYBER WEEK. BUT THOSE PROCRASTINATORS, A COUPLE SPECIFIC DATES TO REMEMBER. DECEMBER 14TH AND DECEMBER 20TH. THAT'S NATIONAL FREE SHIPPING DAY. WHICH CAN BE BIG SAVINGS DEPENDING ON WHAT YOU'RE BUYING. A LOT OF ONLINE RETAILERS WILL PARTICIPATE IN THAT. DECEMBER 20TH IS KNOWN AS SUPER SATURDAY. THAT'S THE LAST SATURDAY BEFORE CHRISTMAS WHERE A LOT OF STORES IN-PERSON AND ONLINE WILL HAVE ONE-DAY SALES. BUT AN IMPORTANT THING TO REMEMBER IF YOU'RE DOING THAT LAST-MINUTE PROCRASTINATOR SHOPPING. IF YOU'RE BUYING SOMETHING ONLINE, MAKE SURE YOU'RE CHECKING THOSE DELIVERY ESTIMATES FIRST TO MAKE SURE YOU'RE PAYING THE RIGHT

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