View all Articles
Commentary By Allison Schrager

An E-Commerce Boom This Holiday Season

Economics Finance

The holiday shopping season is underway. And if past trends in the last two years are any indication, it seems that much of the shopping will be done online. Gone are the days when people line-up for deals. The data here shows that the pandemic created a big spike in consumers buying things online. It has not gone away and even increased lately. E-commerce remains less than 15% of total sales. But if this trend continues, city centers, once teaming with retail, may never fully come back. 

Source: FRED

Allison Schrager is a senior fellow at the Manhattan Institute. Follow her on Twitter here.

Interested in real economic insights? Want to stay ahead of the competition? Every Wednesday, e21 delivers a short email that includes e21 exclusive commentary and the latest market news and updates from around the Web. Sign up for the e21 Weekly eBrief.

 

Photo by style-photography/iStock