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ComScore Finds a Glimmer of Hope: February E-Commerce Up. Has Consumer Spending Bottomed Out?

Peter Kafka in Media on March 23, 2009 at 9:26 am PT

Here’s a tiny bit of sunshine, via ComScore CEO Gian Fulgoni: E-commerce sales were up two percent in February. That’s not much, but it’s better than the fourth quarter of last year, when e-commerce sales declined for the first time ever, dropping three percent. Best-case scenario? “We might well have bottomed out with consumer spending.”