Report: Online Spending Up 35% to $18.5 Billion During 2003 HolidaysAuthored by Mark Hefflinger on January 7, 2004 - 4:08am.
New York, N.Y. -- A new report from Goldman Sachs, Harris Interactive and Nielsen//Netratings on online spending during the recent holiday season indicates that total spending was 35% greater than a year ago. Online holiday shoppers spent a record $18.5 billion online (excluding travel) during the 2003 holiday season, according to the report. The top-five categories in terms of total spending include apparel, toys and video games, consumer electronics, computer hardware and peripherals and video/DVD.
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