Online Purchases Hit $41.5 Billion in Third Quarter

Online purchases hit $41.5 billion in the third quarter, according to a report from the U.S. Census Bureau.

The ease and convenience of shopping online means that Internet purchases made up more than 4% of U.S. retail sales in the third quarter, according to eWay.com.

In 2004, online purchases made up just 2% of retail sales, and just 1% in 2000.

For the third quarter of 2010, online sales were up 13.6%, compared with a gain of 6% for overall retail sales.


Read Full Story
  • DJI25886.01306.611.20%
    NASDAQ7895.99129.381.67%
  • NIKKEI 22520418.8113.110.06%
    Hang Seng25734.22238.760.94%
    DAX11562.74150.071.31%
  • USD (PER EUR)1.110.00000.00%
    USD (PER CHF)1.020.00000.00%
    JPY (PER USD)106.360.00000.00%
    GBP (PER USD)1.210.00000.00%