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Morning Business Outlook: 12/3/12

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    Consumers spend billions online

  • Duration 1:47
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Retailers may want to forget calling it Cyber Monday and just start calling it cyber week after consumers spent billions of dollars on line.

Cyber Monday spending hit one point five billion dollars as expected to 17% increase over 2011 but consumers spent more than one billion dollars on Tuesday and Wednesday.

For the week following Thanksgiving online spending reached five point five billion bucks which is 11% better than 2011.

Data from case -- indicates housing prices will increase 3.3 percent.

Between now in 2017.

Nationwide but some markets we'll see gains of almost 10%.

While others we'll see prices fall.

A few of the top markets include Medford Oregon where prices are expected to rise 11% over the next five years.

Panama City, Florida almost 10% over the next five years and Santa Fe, New Mexico 9% between 2012 and 2017.

The worst performing markets are predicted to be Miami Florida.

Expected to fall six tenths of a percent over the next five years Fort Lauderdale, Florida down two tenths of a percent over the next five years.

And Naples Florida expected to grow just 1%.

Between now and 2017.

If you plan to fly this holiday season and hate those cramped crowded cattle car seats in coach.

Most airlines now allow you to buy extra -- -- seat guru crunched the numbers and for -- 179 bucks round trip.

You can purchase four more inches of space on united and delta.

Virgin airlines has six extra inches but on average you -- 98 dollars more.

The best deal is on jetBlue with the extra space will run you just 65 bucks.

That's business for more log on the foxbusiness.com.

In New York I'm Adam Shapiro.

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