Net Shopping Booming in December

Online spending in the U.S. was up 91 percent during the first week of December as compared to spending for an average week in November, according to a new eSpending report released by Goldman Sachs, Harris Interactive and Nielsen/NetRatings.

According to the report, which is based upon a weekly national survey of 500 randomly selected online shoppers, Americans spent $2.6 billion in the first week of December. Comparatively, they spent $1.4 billion on the Internet during an average November week.

Also, during the first week of December, Americans spent $91 online on average, an increase of $14 from the prior week. Of those surveyed, 20 percent made an online purchase this past week, as opposed to 18 percent the previous week.