Online Spending Up for February

MasterCard Advisors, the credit card company’s consulting group, reports shoppers spent $13.8 billion online in February—a 13.2 percent year-over-year increase. February is the fourth consecutive month with double-digit online spending increases. January’s online sales tallied to $13.1 billion. The report notes that the online apparel continues to top the list of e-commerce performers, but the growth rate of the category is slowing down. The latest categories to see growth are jewelry and electronics.