Online shopping breaks records

Online shopping breaks records
Holiday online shopping was up nearly 30% to $12.5 billion, according to the folks at comScore Networks and reported by Media Daily News.

“We’ve closed another great year in online commerce,” said Dan Hess, senior vice president of comScore Networks. “Consumers spent an average of $200 million per day throughout November and December, bringing holiday growth to just about the top end of our forecast of 25 to 30 percent.”

The holiday capped another great year for online retail, which comScore said would jump 22 percent to $52 billion compared to $43 billion in 2002. That doesn’t include travel or auctions. If travel is included, then retail spending online was up 27 percent to $93 billion.

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