Saturday, June 16, 2001

Consumers Spent $3.9 Billion Online in May

Forrester Research, Inc., in conjunction with Greenfield Online, today announced the results of the latest Forrester Online Retail Index. According to the 17th survey in this monthly series, total US spending on online sales decreased from $4.3 billion in April to $3.9 billion in May, due largely to a seasonal drop in online travel bookings. The number of households shopping online dropped to 14.8 million in May from 15.7 million in April. Consumers spent an average of $265 per person in May, compared with $273 in April.