News Summary

• Black Friday 2024 was nothing short of historic.
• U.S. online spending surged to $10.8 billion, marking a 10.2% increase over 2023.
• Global sales soared to $74.4 billion in just 24 hours – a year-over-year gain of 5%.
• Cyber Monday followed suit, hitting $13.3 billion in online sales, up $0.9 billion from the previous year.
• While overall spending is up, signals of caution in consumer sentiment suggest 2025 may see strong – if more moderate – expansion.