Nevertheless, the economy continued its robust recovery trend supported by household spending – as seen in private consumption rebounding from a fall in winter – against the background of the favorable employment and income situation in particular. The U.S. economy is expected to continue to see growth led mainly by private demand, starting from firm household spending.
The significance of e-banking and e-commerce cannot be overemphasized because of the  BIS central bankers’ speeches  1  fact that both have brought about remarkable changes in the ways people think and do their banking business today. The outcome of e-banking in Pakistan will be gradual but the trends towards adoption of information technology are quite encouraging.