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Ecommerce Retail Sales Hits 15.7 Billion

 - Friday 20th August 2004

The Census Bureau of the Department of Commerce announced today that the estimate of U.S. retail ecommerce sales for the second quarter of 2004, not adjusted for seasonal, holiday, or tradingday differences, was 15.7 billion, an increase of 23.1 percent (3.5) from the second quarter of 2003. Total retail sales for the second quarter of 2004 were estimated at 919.0 billion, an increase of 7.8 percent (0.6) from the same period a year ago.

The second quarter 2004 ecommerce estimate increased 0.9 percent (0.9) from the first quarter of 2004 while total retail sales increased 10.1 percent (0.4) from the prior quarter.

Ecommerce sales in the second quarter of 2004 accounted for 1.7 percent of total sales, while in the second quarter of 2003 ecommerce sales were 1.5 percent of total sales. In the first quarter of 2004, ecommerce sales were 1.9 percent of total sales.

Source: United States Department of Commerce



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