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On-line Sales To Hit 100B in 2006.
Online sales tracker comScore Networks reported that third-quarter retail e-commerce sales rose 23 percent to $23.1 billion in the United States. All consumer online spending (which includes travel) rose 16 percent to $43.1 billion for the quarter comScore estimates.
For the quarter, which ended September 30, 2006, comScore noted that some retail categories performed exceptionally well including apparel and accessories (up 32 percent,) and sports and fitness (up 29 percent) and consumer electronics (up 42 percent.)
From January through September, the total online consumer spending on non-travel retail rose 24 percent to $69.1 billion. ComScore is predicting full year 2006 online (non-travel retail) sales to break the $100 billion mark by December 31.
“Online consumer spending at – and particularly non-travel spending – remains strong,” said Gian Fulgoni, chairman of comScore Networks. “With year-over-year growth rates in the United States online non-travel spending at about 23 percent in the third quarter, the web continues flexing its muscle as one of the important drivers of retail sales growth.”
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