November 25, 2016
SPEAKING OF UNCAPTURED PRODUCTIVITY INCREASES:
U.S. online sales tally more than $1 billion on Thanksgiving Day (Barbara Kollmeyer, Nov 25, 2016, MarketWatch)
That online sales tally marked a 13.6% increase over last year's holiday, according to data from Adobe Systems Inc., which analyzed data from 21 billion visits to retail websites.Within that, a record $449 million in revenue came from mobile devices -- $322 million from smartphones and $127 million via tablets -- 58.6% more than last year. To put it another way, 39% of the purchases made Thursday were made from mobile phones.
Posted by Orrin Judd at November 25, 2016 8:34 AM