(The Center Square) – More than half of Americans joined in the shopping blitz that started last week and continued through Cyber Monday with consumers spending $16 million every minute during peak hours, according to Adobe Analytics.

Consumers spent $14.25 billion online for Cyber Monday, up 7.1% year-over-year, and above Adobe's initial projection of $14.2 billion, according to a report Tuesday. Spending for Cyber Week, the 5-day period from Thanksgiving to Cyber Monday, hit $44.2 billion online overall, up 7.7% year-over-year). It was the second consecutive holiday season where Black Friday growth outpaced Cyber Monday with shoppers seeking early, competitive deals.

The National Retail Federation reported a record 202.9 million consumers opened their pocketbooks during the fiv

See Full Page