Slowing Economy Not Expected To Effect Ecommerce Growth

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Slowing Economy Not Expected To Effect Ecommerce Growth

03-08-2008, 10:54 AM,

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mandy Offline

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Slowing Economy Not Expected To Effect Ecommerce Growth

Quote:Despite a slowing U.S. economy, online retail sales will continue to grow at double-digit rates for the next several years, but it will begin to take a turn toward maturity by 2012, according to new research from JupiterResearch.

U.S. online retail sales are expected to reach $148 billion in 2008, up 19 percent from sales in 2007 and comprising about 6.4 percent of total retail sales. That figure will grow to $166 billion in 2009 and $215 billion by 2012, for a compounded annual growth rate of about 11 percent,

In 2012, Web retail sales will account for 8 percent of total retail sales, according to JupiterResearch projections, but that percentage will top out at between 10 percent and 15 percent in the following years...

full article: http://www.news.com/8301-10784_3-9888859...l?part=rss&subj=news&tag=2547-1_3-0-20

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