$1.5 Billion Expected To Be Spent On Cyber Monday

With Black Friday and Small Business Saturday gone, Christmas shoppers now turn their attention to Cyber Monday.

Research firm comScore says this Cyber Monday is expected to be the biggest online shopping day of the year for the third year in a row with Americans spending $1.5 billion. That's a 20% increase over last year.

And just like on Black Friday, shoppers are expected to find plenty of deals online.

It was back in 2005 that a shopping trade group first started using the phrase Cyber Monday as it noticed online sales soared on the Monday after Thanksgiving.