Based on the latest Q3 e-commerce data from the US Department of Commerce (DOC), eMarketer now predicts that online sales (excluding travel) will grow 7.2% year-on-year in 2008 to reach nearly $137bn. This compares to last year when online sales grew 19.8%. The firm expects that consumers will spend $30.3bn online this year during November and December - equivalent to year-on-year growth of 4%.
From eMarketer: http://www.emarketer.com, 24/11/2008
US retail e-commerce sales, 2007-2012 (billions and % change)
Source: eMarketer
eMarketer: http://www.emarketer.com
