Online Retail Spending Continues to Rise

(IDEX Online News) – More American's are turning to online buying, leading to a 15 percent rise in online purchases in the first 48 days of the November – December 2011 holiday season. Consumers have spent nearly $32 billion in the period, according to comScore. During the week ending December 18, sales reached an all-time record of $6.3 billion in online retail spending, up 14 percent from the corresponding week last year. On four different days, sales exceeded $1 billion. The final shopping weekend before Christmas reached $1.04 billion to rank as the second heaviest weekend of online spending