2007 Online Holiday Retail Spending Up 18%

Posted: Dec 17 2007, 5:22am CST | by , Updated: Aug 10 2010, 10:36am CDT , in Shopping Tips


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2007 Online Holiday Retail Spending up 18%

comScore, Inc. announced new numbers on the e-commerce spending for the first 44 days of the November - December 2007 holiday season (November 1 - December 14).

You spent $22 billion online during the season-to-date, marking an 18% gain versus the corresponding days last year. Looks like your credit-cards are still good.
Interestingly Monday the 10th of December had $881 million in sales making it the heaviest online spending day on record. Sales on that day (Green Monday) have risen by 33% compared to last year.

This year's 18-percent online retail spending growth rate stands well below the 26-percent rate at the same time last year. An analysis of online spending by household income reveals that slower growth among lower income households is weighing on the overall season-to-date growth. While households earning at least $100,000 have increased their online spending 28 percent versus year ago, households making less than $50,000 have increased their spending by just 10 percent.
Via Comscore.

Lundon, our new I4U Miss Santa 2007. See all photos.

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]i4u.com.




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