Forrester: E-Commerce forecast for the US

Forrester is confident that U.S. online retail sales this year will close at $95.7 billion, climbing to $229.9 billion in 2008. Next year’s sales are projected at $122.6 billion, with $149.2 billion, $176.8 billion and $204.3 billion forecast for 2005, 2006 and 2007, respectively. “Right now, e-commerce represents 3 percent of total retail sales,” Forrester consumer markets research director Kate Delhagen told e-commerce attendees at the show in New York. “By 2008, it’ll be 8%.”

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