Total Non-Travel E-commerce Sales Hit $24 Billion in the First Quarter
U.S. Department of Commerce reported total U.S. non-travel online spending at $24.5 billion for the first quarter of 2006. comScore’s previously published non-travel online spending figure was $23.9 billion for the first quarter of 2006, representing a year-over-year growth rate of 22 percent.
Gian Fulgoni, chairman of comScore Networks said, “If, as we expect, e-commerce spending continues to grow at a rate in excess of 20 percent for the balance of the year, online spending for 2006 will eclipse the $100 billion threshold for the first time. The growth in consumers’ online buying during the past five years has been quite remarkable, with e-commerce now well integrated into Americans’ shopping behavior.”
