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Friday, January 05, 2007

Internet Spending up 26% Spending surges over $100 billion

Bloomberg reports that US consumers spent 26% more in 2006 than they did in 2005 in online sales.  Spending a total just over $100 billion for the first time ever.

Christmas sales for November and December jumped up to 31% from 24% and totaled $24.6 billion.  Those numbers tipped the specific totals to $102.1 billion.

December 13th is reported to have been the most lucrative day at $666.9 million.  Sales at stores open at least a year only increased 3.1%, which made the 2006 holiday season sales growth the slowest in 2 years.