Friday, September 16, 2016

The U.S. e-commerce market rolls strongly into Q3

Image result for ecommerce salesMonthly retail sales data released by the U.S. Commerce Department yesterday suggests that the e-commerce market is showing healthy gains so far this quarter, though the third quarter may not be quite as strong as second quarter. In the second quarter, e-commerce sales grew 15.8%, its largest year-over-year gain in nearly two years.

In August, what the Commerce Department calls “nonstore sales” reached $46.73 billion, a 10.9% increase compared with August 2015. This follows a 14.1% increase in July and a 14.2% jump in June.. . . more

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