Online Holiday Shopping Sees Increase Over Last Year
Online spending for the period between the first week of November and the week ending Dec. 17 was $8.7 billion. Spending during the same period last year totaled $4.2 billion.
Online spending during the 2000 holiday season peaked during the week ending Dec. 17. During that week consumers spent $1.6 billion shopping online. Consumers spent $878 million online during the same week in 1999.
Approximately 2,800 Internet users were surveyed for the study.