U.S. E-commerce Sales Grow 17.3% in Q3

U.S. e-commerce sales reached $56.99 billion in the third quarter, up 17.3 percent from $48.59 billion for the same period a year ago, according to figures released today by the U.S. Department of Commerce. Third quarter 2011 e-commerce sales increased 3.7 percent from $54.94 billion in the second quarter, according to the department’s seasonally adjusted estimates. The 17.3 percent growth posted for the third quarter follows three quarters when e-retail sales growth hovered just above 15 percent. The last time e-commerce sales growth was greater than 17 percent was in the first quarter of 2011

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