Uptick in Consumer Spending Online Projected for Q2
Samer Forzley
April 15, 2009
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Tags: ebillme index, Online Spending, Online Spending Index, projected Q2 online spending, Q2 spending, spending online
Consumer spending online, which has shown more immunity to the market conditions, is projected to increase eight percent this quarter to $267 compared to an average of $247 last quarter. The survey is conducted by Javelin Strategy & Research and released quarterly by eBillme.
Despite the slight uptick in online spending, the outlook for offline retail sales remains bleak. This quarter’s Index shows a decline in consumer confidence as we approach the 100-day … Continue Reading