$13.2 bln will be spent online during 2004 holiday season

US shoppers will spend about $13.2 bln online this holiday season, but growth in e-commerce is slowing, according to a Forrester Research. This represents 20% growth YTY, but that’s less than 31% increase in 2003. In Q2 2004 sales hit $31 bln, about $2 bln less than revenues in Q1 2004.