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Uptick in Consumer Spending Online Projected for Q2

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