Online Sales Expected to Jump 17 Percent
Across-the-board online retail sales are expected to jump 17 percent in 2008 over last year, with computers joining cars and apparel as the biggest drivers of growth. That’s according to a Forrester Research survey, conducted for the National Retail Federation and cited by the AP on Tuesdays.
The survey found that retail sales are expected to jump from $174.5 billion to $204 billion from 2007 to 2008, which represents a 17 percent increase. The increase, however, is smaller than the 21 percent jump between 2006 and 2007.
The numbers do not include travel purchases.