U.S. Internet Sales Rise, but at Slowest Pace Ever BRIEFING: GREENSBORO, North Carolina

Internet sales by U.S. retailers rose at the slowest pace on record as $3-a-gallon gasoline and rising mortgage defaults weighed on holiday spending, ComScore, a company that measures Internet commerce, said Sunday.

Online spending from Nov. 1 through Dec. 27 increased 19 percent to almost $28 billion, from $24 billion a year earlier, it said. Sales growth trailed last year’s 26 percent.

Originally published by Bloomberg.

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