The purchasing power of one dollar is worth more online, according to software company Adobe’s Digital Price Index, which looked at online and offline spending. If consumers had shifted all of their offline spending last year to online, that difference would have meant saving about $ 2.2 billion, it estimated. Apparel, furniture and jewelry are all experiencing deflation faster online than offline, according to the Bureau of Labor Statistics Consumer Price Index. That trend is expected to continue as the holidays get closer, said Taylor Schreiner, d… – All MarketWatch News – Personal Finance

Leave a Reply

Your email address will not be published. Required fields are marked *