Web Spending Slows After Mid-December Peak

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NEW YORK Holiday spending on the Web started to slow as Christmas Day approached and shipping deadlines passed, according to the latest figures from Goldman Sachs & Co., Harris Interactive and Nielsen/NetRatings.

Online shoppers doled out $2.8 billion during the third week of December, down 5 percent from a peak of $2.95 billion in the second week. The numbers exclude travel purchases.

In total, year-over-year online spending rose 37 percent to $15.8 billion from Nov. 1-Dec. 19, according to the report.



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