Online Holiday Spending: $10.7 Bil. Bonanza

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Online spending more than doubled to $10.7 billion during the shopping season just past, according to a Goldman/PC Data study released Tuesday.

The study said consumer online spending for the last week of December rose to $878 million, from $542 million a year earlier.

Cameron Meierhoefer, Internet analyst for Reston, Va.-based research agency PC Data, attributed the surge to “strong and early Web spending,” especially on apparel, and “an impressive post-Christmas kick.”

But spending growth was not spread evenly.





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