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Auctionbytes-NewsFlash, Number 183 - October 16, 2001 - ISSN 1539-5065      Previous Story | | Next Story

eBay Offers a Lifeline in Tough Times
By Ina Steiner
AuctionBytes.com
October 16, 2001
Reading AuctionBytes: eBay Offers a Lifeline in Tough Times

The Boston Globe says that lately, eBay auctions have been describing the personal plights of the people selling the items as the unemployed turn to eBay to earn extra cash. The newspaper says that eBay is joining retailers like Wal-Mart, Target and TJX as recession-resistant businesses, and buyers are becoming more likely to buy used goods than new ones in the currently weak economy. http://www.boston.com/dailyglobe2/289/business/Ebay_s_e_boom%2b.shtml

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