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Momentum In Retail E-commerce Sales Growth Starts Wearing Off

According to Census Bureau of the Department of Commerce,
“US retail e-commerce sales for the first quarter of 2008, adjusted for seasonal variation but not for price changes, was $33.8 billion, an increase of 0.8%(+/- 1.0%) from the previous quarter.”

www.internetrack.blogspot.com

 

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This entry was posted on May 20, 2008 at 12:18 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Momentum In Retail E-commerce Sales Growth Starts Wearing Off”

  1. EPORIA Says:
    May 22, 2008 at 4:29 pm

    As bad as this may sound in this format of statistics, online shopping is currently growing more than four times the rate of offline retail. According to the full report from the U.S. Census Bureau (at http://www.census.gov/mrts/www/data/html/08Q1.html), “the first quarter of 2008 e-commerce estimate increased 13.4 percent from the first quarter of 2007 while total retail sales increased 3.7 percent”. There is no question that ecommerce is only continuing to grow at record rates.

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