|Trends in Time
- The number of days users accessed the Internet increased nearly 20 percent from 10.2
days in May 1998 to 12.2 days in May 1999.
- Internet users spent over 40 percent more time on the Internet in May 1999 than they did
a year ago - an increase from 5.3 average hours per person in May 1998 to 7.6 hours last
- The total number of hours spent on the Internet increased by two-thirds to 1.2 billion
hours in May 1999 from 709 million hours in the same month last year.
* NASCENT INTERNET ECONOMY GENERATES $300 BILLION...In 1998 the U.S.
Internet economy generated more than $300 billion in revenue and 1.2 million jobs,
according to a new University of Texas study funded by Cisco Systems Inc. The study also
says e-commerce totaled $102 billion for U.S.-based companies in 1998, and that companies
with significant Internet revenues have a combined market value of more than $2.4
Source: Medtia Metrix