Friday, November 9, 2012

Q3 Retail Spending Strong

Boding well for the holiday season, new data shows that online retail shopping remained strong in the third quarter of the year.
 Year-over-year, online retail spending increased 15% to $41.9 billion in the third quarter, according to new estimates from comScore.

That represented the 12th consecutive quarter of positive year-over-year growth, and eighth consecutive quarter of double-digit growth, comScore chairman Gian Fulgoni said Wednesday.