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“Consumers have embraced free classifieds as a way to generate income by selling personal items, while others take advantage of the deals available at the fire sales,” said Heather Dougherty, Hitwise research director. “Currently the economy is driving the growth among online classifieds, but satisfied buyers may continue to turn to the Web sites when researching purchases.”
The market share of U.S. Internet visits increased 90 percent to the Craigslist Cities custom category year-over-year in February 2009, while visits to All Other Classifieds grew 22 percent. Visits to All Other Classifieds had been declining for most of 2008, with visits starting to increase in January and February. This trend suggests that the worsening U.S. economy may be boosting visits to classifieds Web sites and contributing to the recent uptick in visits to both Craigslist Cities and All Other Classifieds.



