We all know that online e-commerce shopping has been growing from strength to strength every year, but last Friday a new record was set as “Black Friday” sales exceeded $1 billion for the first time ever.
This huge surge on Friday by online e-commerce shoppers looking to grab a bargain from many of the larger retails offering Black Friday special offers online, might indicate that the US economy could be turning the corner.
Statistics reveal that between November 1st -23rd $13.7 billion has been spent online, which is a 16% increase compared to last year. The exact dollar amount in online sales for Friday, November 23 was $1.042 billion. making Black Friday the busiest online shopping day in 2012 and was a 26% increase versus Black Friday 2011.
The figures also show that on November 22nd more shoppers went online during Thanksgiving day, spending $633 million, a 32% increase compared to the previous year.
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