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e-Commerce Holds Strong in Fourth Quarter

By Michael Lear-Olimpi
February 27, 2007

The federal government last month put its estimate of e-commerce sales for the fourth quarter of 2006 at $29.3 billion, up 6.3% from the third quarter, and up 24.6% from the fourth quarter of 2005, with the increase in total retail sales from late 2005 to late 2006 estimated at 4.6%.

Total estimated retail sales for the fourth quarter of last year tallied to $990.8 billion, according to the Census Bureau. That's an apparent statistical decrease of 0.2% from the third quarter.

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