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Commerce Dept.: Retail E-Commerce Sales in Q3 Up 3.6% from Q2
US retail e-commerce sales for the third quarter, adjusted for seasonal variation and holiday and trading-day differences but not for price changes, was $34.7 billion - an increase of 3.6% (±0.8%) from the second quarter - according to estimates from the Census Bureau of the Department of Commerce.
The third quarter 2007 e-commerce estimate of sales increased 19.3% (±2.6%) from the third quarter of 2006 level.
E-commerce sales in the third quarter of 2007 accounted for 3.4% of total retail sales.
Total retail sales for the third quarter of 2007 were estimated at $1,020.4 billion, an increase of 0.8% (±0.2%) from the second quarter of 2007 - and an increase of 3.8% (±0.5%) from the third quarter of 2006.
On a not-adjusted basis:
- The estimate of US retail e-commerce sales for the third quarter of 2007 totaled $32.2 billion, an increase of 1.2% (±0.8%) from the second quarter of 2007.
- The third quarter 2007 e-commerce sales estimate increased 18.9% (±2.6%) from the third quarter of 2006.
- Total retail sales increased 3.2% (±0.5%) from the year-earlier period.
- E-commerce sales in the third quarter of 2007 accounted for 3.2% of total sales.
For previous Commerce Dept. releases of e-commerce data, see the following:
