November 22, 2004, 12:00 AM

Q3 online sales grow 21.5% over Q3 2003, Commerce Department reports

Online retail sales reached $17.6 billion in the third quarter, an increase of 21.5% over Q3 last year, the Census Bureau reports. With Q3, the Census Bureau is seasonally adjusting e-commerce sales for the first time.

Online retail sales reached $17.6 billion in the third quarter, an increase of 21.5% over the $14.5 billion in Q3 last year, the Census Bureau of the U.S. Commerce Department reports. With Q3, the Census Bureau is seasonally adjusting e-commerce sales for the first time. On a non-adjusted basis, online retail sales were $16.5 billion, up 21.2% from $13.6 billion a year ago.

Total retail sales were up 6.2% on a seasonally adjusted basis in the quarter, reaching $916.5 billion. On a non-adjusted basis, total retail sales were up 6.5% to $923.4 billion.

Adjustments are made for seasonal variations and holiday and trading day differences but not for price changes.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Satya Krishna Ganni / Mobile Commerce

Understanding and serving shoppers on smartphones

Retailers need to know how smartphone users shop to take these shoppers from “I want ...

FPO

Justin King / B2B E-Commerce

Uncovering the secret to B2B e-commerce

The secret to success in B2B e-commerce is simple enough to understand, but hard to ...

Advertisement