In the midst of all the bad news about the economy both in the U.S. and Europe, there is some good news for online retailers: U.S. e-commerce spending is up 14% due to a larger number of online buyers.  The online space continues to grow and is projected to continue this growth, which is good news for businesses selling online.

A recent Techcrunch article says “the 14 percent bump compared to last year represented the seventh consecutive quarter of positive year-over-year growth and the third consecutive quarter of double-digit growth rates.”