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e-Sales Doing Well

By Michael Lear-Olimpi
November 29, 2012

Perhaps fueled in part by consumer confidence exhibited in an increase in auto sales, lower gasoline prices, and an apparently recovering construction sector, retail e-commerce rode a rising wave in the Third Quarter, up an estimated 3.7% from the second quarter and 17.3% from the third quarter of 2011, the government revealed last month.

Estimated third-quarter retail e-commerce spending ' adjusted for seasonal variation but not for price changes ' tallied up to a nearly even $57 billion ($56.988 billion), the U.S. Census Bureau says.

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