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US: 1 in 53 Retail Dollars Spent on Web

CNET: Web shoppers open their wallets wider

According to the Commerce Department, e-commerce sales rose to $17.6 billion for the quarter, up 21.5 percent over 2003 and 4.7 percent from the previous quarter. The online sales represented about one in every 53 dollars spent in the U.S. Retail sales across all channels for the quarter were pegged at $916.5 billion. Last year online sales accounted for only one in every 59 dollars.

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