decrease

Online retail spending declined 3 percent in Q4 2008 compared to last year, reports comScore. Though the overall ecommerce sales grew by 6 percent to $130.1 billion in 2008, the growth is considerably lower than in preceding years.

Retail e-commerce growth in the U.S. has declined in the past two years. Quarterly growth rates had remained in the around of 20 percent in 2007.