comScore reports that Year over Year increases in e-commerce spending is still growing but the high growth rates of from last year have slowed a bit. Here is the data:
Month Y/Y Percent Change
Apr-07 18%
May-07 25%
Jun-07 25%
Jul-07 22%
Aug-07 28%
Sep-07 19%
Oct-07 19%
Nov-07 20%
Dec-07 18%
Jan-08 12%
Feb-08 14%
Mar-08 9%
Apr-08 15%
April's e-commerce growth rate was only off 3% from the prior year, and I think this indicates that online spending will be where people go to look for deals as the economy falters.
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