US e-commerce grew 23% in Q2 2004

Department of Commerce claims e-tail sales reached $15.7 bln in the US during Q2 2004, a 23% increase over the same period last year. E-commerce made up approximately 1.7% of the nation’s $919 bln in total retail sales, which rose nearly 8% YTY. QTQ e-tail sales increased nearly 1%, from $15.5 bln in Q1 2004.