Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Online holiday shopping: $30.8 billion spent

By CNNMoney.com staff


NEW YORK (CNNMoney.com) -- Holiday shopping online was strong right through Christmas, with consumers spending a record $30.8 billion for the season, according to a research firm report issued Wednesday.

Online sales for the 56 days ended Dec. 27 rose 13% from the same period in 2009, according to Reston, Va,-based comScore. There was a 17% year-over-year surge in the week that ended Dec. 26 -- the day after Christmas.

"For at least this holiday season, the American consumer has been able to shrug off the continuing economic challenges of high unemployment rates and depressed housing prices and spend at a rate that has been slightly stronger than we had expected," said Gian Fulgoni, comScore's chairman, in a statement.

Computer hardware led the way in online sales, with a 23% increase from last year, aided by Apple' (AAPL, Fortune 500)s iPad and e-readers from various sellers, according to comScore. Book and magazine sales rose 22%, consumer electronics sales gained 21% and software sales excluding video games were 20% higher online. To top of page

Index Last Change % Change
Dow 23,157.60 160.16 0.70%
Nasdaq 6,624.22 0.56 0.01%
S&P 500 2,561.26 1.90 0.07%
Treasuries 2.31 0.04 1.78%
Data as of 8:58am ET
Company Price Change % Change
AT&T Inc 35.71 -0.47 -1.29%
International Busine... 159.53 0.00 0.00%
Ford Motor Co 12.19 -0.08 -0.65%
CenturyLink Inc 18.65 -0.29 -1.52%
KeyCorp 18.58 0.40 2.20%
Data as of Oct 18
Sponsors

Sections

More than 5% of DACA recipients have started their own businesses since enrolling the program, according to a recent survey. More

Next to Mexico and Chile, America's elderly are experiencing some of the worst income inequality out of any developed country, according to the latest report from the Organisation for Economic Co-operation and Development More

Booking app Meituan-Dianping just raised $4 billion, highlighting investors' enthusiasm for Chinese tech startups. More

Sometimes you need to improve your credit quickly. Here are a few steps you can take to boost your rating in a pinch. More