Consumer Online Spending To Grow 24%

Courtesy WebProNews - Financial  Tue, 10/27/2009 - 15:16

Online retailers can expect to see an increase in consumer spending compared to the previous quarter, according to a new survey by Javelin Strategy & Research and released by eBillme.

Online shoppers predict they will spend an average of $281 online during Q4 2009, a 24 percent increase over last quarter.

This is the first increase in spending since last year, but an 18 percent decrease in the overall spending rate compared to Q4 2008.

"This quarter's uptick...

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