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December 26, 2003

2.95 billion spent online in the second week of December

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eTailers should be beaming — at least some of them — as <a href=http://www.internetnews.com/ec-news/article.php/3293051>online sales are up 48%</a> compared to the same time last year: <i>Consumers’ online shopping budgets are also expanding. According to the report, for the six weeks ending Dec. 12, shoppers spent 20.5 percent of their 2003 holiday budget online. The number represents a 4.1 percent increase over the same period last year. </i>

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