E-commerce revenues reached $15.5 bln in Q1 2004, up 28%

The Census Bureau of the Department of Commerce announced today that the estimate of U.S.

The Census Bureau of the Department of Commerce announced today that the estimate of U.S. retail e-commerce sales for Q1 2004 was $15.5 billion, an increase of 28.1% from Q1 2003. Total retail sales for Q1 2004 were estimated at $834.8 billion, an increase of 8.8% from the same period a year ago. E-commerce sales in Q1 2004 accounted for 1.9% of total sales, while in Q1 2003 e-commerce sales were 1.6% of total sales. In Q4 2003, e-commerce sales were also 1.9% of total sales.