U.S. Ecommerce Spending Down By 2 Percent in Q3 of 2009
By Anna Johnson on November 9th, 2009According to comScore, Inc. U.S. online retail spending totaled $29.6 billion in the third quarter of 2009, down 2 percent versus year ago. This is the first time there has been negative year-on-year ecommerce spending growth in consecutive quarters.
comScore’s estimates of quarterly year-on-year ecommerce growth since the first quarter of 2007 are as follows. comScore’s definition of retail ecommerce specifically excludes travel, auctions, cars and large corporate purchases.
Year-on-year Percentage Change in U.S. Ecommerce Spending Growth Per Quarter:
- Q1 2007: 17 percent
- Q2 2007: 23 percent
- Q3 2007: 23 percent
- Q4 2007: 19 percent
- Q1 2008: 11 percent
- Q2 2008: 13 percent
- Q3 2008: 6 percent
- Q4 2008: -3 percent
- Q1 2009: 0 percent
- Q2 2009: -1 percent
- Q3 2009: -2 percent
