US: E-commerce sales up by 13.7% in Q3 2011

UTRECHT - In the third quarter of 2011, US e-commerce sales have reached USD 48.24 billion, up by 13.7 percent from USD 42.42 billion registered during the corresponding period of 2010. These are the findings of a study released by the US Commerce Department.

According to the research, the e-commerce sales registered in Q32011 have also increased by 1.9 percent, as compared to Q22011. However, the study also pointed out the fact that in Q3 the online commerce growth rates have registered lower values than in the first and second quarters of 2011, when they exceeded 17 percent.

The research has also found that e-commerce has accounted for almost 4.6 percent of total retail sales, except for foodservice industry, up from 4.4 percent in Q3 2010 and 4.5 percent in Q2 of 2011.

The US Commerce Department study has also indicated that online retail sales, excluding foodservice, have reached USD 44.49 billion, up by 13.4 percent since 2010.

  More Latest News
more about payments

Copyright © 2011-2018 | | All rights reserved.   Legal   About Us