Ecommerce in the US will reach 120 billion dollars in 2006

"We are delighted that our prediction looks to be right on the money. For the remainder of 2006, we continue to hold steady on our forecast that 100 Billion in US E-Commerce sales will easily be reached,” suggested CEO of Leadpile.com, Mr. Andy Jacob.

“The US Department of Commerce has already reported 1st and 2nd quarters 06 at a combined 51.5 Billion in retail sales. Not only do we believe that 100 Billion is a done deal, but it is highly likely that 2006 US E-Commerce Sales will top 120 Billion."

Mr Jacob then went on to explain why LeadPile think ecommerce will continue to grow at such an explosive rate: “Leadpile believes that the recent focus on America's aging population has blinded many experts from seeing the explosive growth that will come on the web from the "next generation" of younger, super-internet consumers. These Super Kids in Digital Space, or "SKIDS", as coined by Leadpile in 2005, will lead to explosive growth on the Internet. Leadpile believes that the biggest impact on our world and our culture will come from the "SKIDS", who will help change the entire way we currently think about the internet, wireless devices, and our future. With regard to US E-Commerce, you haven't seen anything yet".