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Online spending hit $50 billion last quarter


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The holiday season triggered a healthy surge in online spending, according to stats released yesterday by ComScore.

For 2011's final quarter, online spending in the U.S. hit $49.7 billion, a 14 percent jump from a year ago. That marked the ninth quarter in a row of positive year-over-year growth and the fifth consecutive quarter of double-digit gains.

SOURCE


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