Study Predicts U.S. E-Commerce Comeback by 2010
Online sales are expected to grow by a mere 11% in 2009. This is a decline from 13% growth in 2008. Given the horrendous declines in other areas of the economy this is not too bad. Growth, after all, is lots better than no growth, and dramatically better than negative growth.
According to Forrester Research's five-year e-commerce forecast, e-commerce in the United States will climb back to last year's levels by 2010. The reasons: the new president, the government's plan to stimulate the economy and the fact that recessions rarely last more than one year.
