Online spending jumps 10% in 12 months

Online retail spending has jumped 10% year on year in the US and 7% on the last financial quarter according to comScore’s latest research.

The report said “Online retail spending neared $34 billion for the quarter, up 10 percent versus year ago. The strong acceleration represented the first time growth rates reached double-digits since the second quarter of 2008.”

But it’s not all good news for the sector. The net result between Q4 2008 and Q4 2009 was minus 6% growth.



About Ed.

Digital, Search, Social leader.
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