Switched has a new home! Huffpost Tech.

Click here to visit the new home of Switched!

Hot on HuffPost Tech:

See More Stories
AOL Tech

Shoppers Spending More Online than Ever

by Tim Stevens on December 11, 2007 at 10:44 AM

Shoppers Spending More Online than Ever Before

If you watched the news before Black Friday, the busiest shopping day of the year for American retailers, you surely heard tales of doom and gloom with predictions of downward trends in consumer spending and all that jazz. As it turns out, sales in-store were just fine, and according to reports about online shopping, many chose to wait and do their shopping on the following "Cyber Monday," buying an impressive $733-million in goods online.

More impressive is that those sales levels were maintained for the next three days, each seeing more than $700-million in online sales. Okay, so maybe that's a drop in the bucket compared to the over $10-billion spent by consumers in stores on Black Friday, but where retail sales grew somewhere between five and eight percent, depending on who you listen to, online shopping over that week rose a far more impressive 17-percent compared to 2006.

From PC World

Related Links:

Tags: Black Friday, BlackFriday, Cyber Monday, CyberMonday, Online Shopping, OnlineShopping

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

HuffPost AOL Social News Most Popular