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First Quarter e-Commerce Spending Is Biggest Year-Start Ever

By ALM Staff | Law Journal Newsletters |
June 01, 2004

At an estimated $15.5 billion ' an increase of 28.1% from 2003's first quarter ' this year's estimated first-quarter e-commerce accounted for 1.9% of all first-quarter retailing, which the U.S. Census Bureau last month guessed totaled $834.8 billion, a nearly 9% rise from the same quarter last year.

That was the biggest first-quarter cha-ching! since the Bureau began tracking estimated quarterly e-commerce in the late 1990s.

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