Wednesday, April 14, 2010

Increase in Online Retail and Consumer Spending Indicate Economic Recovery

According to the latest research-- online retail is definitely trending upward. If you're looking for signs that the economy is recovering and that shoppers are spending more confidently, just look at the double-digit growth in online retail sales-- which include an average increase of 12% growth since last year as well as month-over-month growth:
  • Web Retailers are seeing an average of 12% Q1 Growth, according to the latest research by in conjuction with Forrester Research
  • Retail Sales are Up Three Months in a Row-- according to the Commerce Department, the AP reported today; a solid sign that consumer spending is on the rise in a number of departments including: auto dealers, home furnishing and apparel

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