In the latest report by comScore, a global leader in measuring the digital world, the total U.S. e-commerce spending climbed 19 percent to $47.5 billion for the second quarter of 2007. Non-travel (retail) e-commerce grew 23 percent versus year ago to $27.2 billion, while online travel spending increased 14 percent to $20.3 billion.
Moreover, total U.S. online consumer spending reached $170.8 billion in 2006, with non-travel spending accounting for $102.1 billion and travel spending accounting for $68.8 billion. Based on the first-half growth rates, total U.S. online consumer spending is on track to reach $200 billion in 2007.
“Retail e-commerce rebounded solidly in the second quarter after a modest start to the year,†said Gian Fulgoni, chairman of comScore. “After posting 17 percent growth versus year ago in Q1, retail e-commerce sales grew 23 percent year-over-year in Q2, matching the growth rates we’ve seen during the past couple of years.â€
Originally posted on July 31, 2007 @ 10:10 am