Saturday, May 21, 2005

Report: Internet Retail Sales Up 24 Pct.

An AP newswire report on Yahoo! News:

First-quarter retail Internet sales rose 23.8 percent to $19.8 billion in the United States from $16 billion a year ago, according to preliminary numbers released Friday by the Department of Commerce.

E-commerce sales during the first quarter rose 6.4 percent from the fourth quarter, when they were $18.6 billion.

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