comScore has released its Q2 retail eComerce sales estimates, which indicate that US online retail spending totaled 30.

2 billion, which is 1 less than the same period last year. This is only the 2nd time eCommerce spending has been lower for the same quarter than the previous year. The marginally negative growth in Q2, on the heels of flat growth in Q1, signals that online retail spending has yet to turn the corner after a disappointing end to last year, says comScore chairman Gian Fulgoni. Unfortunately, it appears that the reality of nearly 10percent unemployment and rising gas prices, coupled with an increased savings rate, continues to hold down consumers discretionary spending and it may still take some time to dig our way out of this recession.