Facebook Ranks As Top U.S. Social Network Based On Time Spent On Site

According to new data published by Nielsen Online yesterday, Facebook is currently the largest social networking site in the United States based on the amount of time spent online. Over the past year, the time spent on Facebook has increased 700 percent in contrast to MySpace, Facebook’s largest competitor, where total time spent has decreased 31 percent. Not surprisingly, Twitter managed to post impressive growth of 3,712 percent.

Twitter still represents a serious threat to Facebook but the company (Facebook) continues to post impressive growth statistics despite the presence of significant competitors.