Americans spent considerably more of their holiday shopping budgets online this year, according to preliminary reports from web merchants and internet traffic measurement firms. In the first six weeks
of the holiday season, which spans November and December, shoppers spent an estimated $16.7 billion online, according to a report by Goldman Sachs, Nielsen/NetRatings and Harris Interactive. Overall
spending was up 28 percent from a year ago, based on survey data.
Read the whole story at Wired, December 23, 2004
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