Thursday, May 17, 2018
E-Commerce Retail Sales Pick Up
The pace of online shopping picked up in the first quarter, rising 3.9
percent from the prior quarter vs the fourth quarter's 3.2 percent gain.
But year-on-year growth slowed slightly, to 16.4 percent in the first
quarter vs 16.9 percent in the fourth quarter. As a percentage of total
retail sales, e-commerce rose 4 tenths to 9.5 percent.
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