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Census Issues Quarterly Retail E-Commerce Sales

Quarterly Retail E-Commerce Sales 3rd Quarter 2007: “The Census Bureau of the Department of Commerce announced today that the estimate of U.S. retail e-commerce sales for the third quarter of 2007, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, was $34.7 billion, an increase of 3.6 percent (±0.8%) from the second quarter of 2007. Total retail sales for the third quarter of 2007 were estimated at $1,020.4 billion, an increase of 0.8 percent (±0.2%) from the second quarter of 2007. The third quarter 2007 e commerce estimate increased 19.3 percent (±2.6%) from the third quarter of 2006 while total retail sales increased 3.8 percent (±0.5%) in the same period. E-commerce sales in the third quarter of 2007 accounted for 3.4 percent of total sales.”

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