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e-Retailing Is Crawling Back, Overall Spending Decrease Narrows

By Michael Lear-Olimpi

The numbers on U.S. e-commerce activity for the second quarter are in ' and they're good, indicating per se that the economy may be making a break from the recession.

The U.S. Census Bureau reported last month that estimated retail e-commerce sales for the second quarter were $32.4 billion, adjusted for seasonal variation, but not for price changes. That's an increase of 2.2% from the first quarter, when the Census Bureau reported that estimated retail e-commerce activity accounted for $31.7 billion of all retail activity ' an increase of 0.7% from the fourth quarter of last year.

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