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U.S. e-Commerce Keeps Rising

By ALM Staff | Law Journal Newsletters |
March 29, 2005

With the federal government's 2004 fourth-quarter e-spending figures in, the expression “Nowhere to go but up” could have been coined as the motto for U.S. e-commerce activity.

The Census Bureau reported Feb. 24 that all estimated e-commerce sales for 2004 came to $69.2 billion. That's an increase of 23.5% over 2003, Census explained. In a sign of the economy's continued strengthening, all retail sales in 2004 ' e- and other types ' increased 7.8% from all estimated ring-ups in 2003.

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