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Momentum In Retail E-commerce Sales Growth Starts Wearing Off

Date Added: May 20, 2008 01:06:11 PM
Author: Vineet Grover
Category: Shopping
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." That was the lowest quarterly growth since the third quarter of 2001 (- 0.5%). http://www.internetrack.blogspot.com

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