Internet Shopping Increase

People aren't going in-store to do their shopping these days, it seems they're going online instead.

By: Jennifer Rogers | WKRG-TV
Published: April 08, 2008

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NEW YORK (AP) - People may be reluctant to go into
brick-and-mortar stores to shop because of the nation's economic
woes. But they seem to have no problem going online to spend. A new
survey to be released today says online spending is expected to
rise a robust 17 percent this year. And this rise comes despite a
sluggish economy that has caused headaches for traditional
retailers. Internet analysis firm Forrester Research reports retail
sales online are predicted to grow to 204 billion dollars this
year, up from 174.5 billion last year. That's lower than the
21-percent increase from 2006. But industry officials say the
decline has more to do with what they call the maturing of online
shopping than the sluggish economy.