January 30, 2006, 12:00 AM

Online spending skyrockets in the first week of 2006

For the week ending Jan. 8, consumer online spending increased 35% over the corresponding week a year earlier, reaching $1.89 billion from $1.4 billion, comScore Networks Inc. reports.

Kurt Peters

Executive Editor

Consumers are not backing off on their online spending in the New Year, comScore Networks Inc. reports. For the week ending Jan. 8, consumer online spending increased 35% over the corresponding week a year earlier, reaching $1.89 billion from $1.4 billion.

By comparison, ShopperTrak’s National Retail Sales Estimate reports that total retail sales grew 4.6% for the week ending Jan. 7 compared to the comparable week a year ago.

Online travel sales for the week ending Jan. 8 reached $1.19 billion, up 4% from $1.15 billion in the corresponding week a year ago, comScore reports.

ComScore executive John Miniati, is speaking at the Internet Retailer Conference & Exhibition June 5-7 in Chicago on Who`s Online and How Do You Reach Them? http://www.internetretailer.com/IR2006/Sessions/session2.asp

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