Report: U.S., Overseas Retail E-Commerce Recession-Resistant

August 15, 2008 at 8:01 am PT

A report put out today by Sanford Bernstein analyst Jeffrey Lindsey claims the same disparity in growth between the U.S. and the rest of the world exists in e-commerce as exists in economic growth overall. Online retail commerce will rise only 14.3 percent in the U.S. in 2008 (still not a bad showing, I would imagine), but 26.5 percent overseas, writes Lindsey. That adds up to 21.5 percent combined, and even if economic growth slows globally, Lindsey expects e-commerce numbers to prove relatively resilient.

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Tagged with: Barrons, e-commerce, economic growth, frontpage, Jeffrey Lindsay, online retail commerce, Sanford Bernstein, Tech Trader Daily, Tiernan Ray

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