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Retail e-commerce rebounds in April

June 03, 2008

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Reston, Va.—Retail e-commerce increased 15 percent in April compared with the same period last year, following an increase of just 9 percent in March, according to comScore Inc.

"While the e-commerce growth rates in 2008 are softer than what we saw last year, it's encouraging that April's growth rate represented an increase from what was obviously a soft March for online consumer spending," comScore Chairman Gian Fulgoni said in a statement. "One hopes that April will emerge as the beginning of a turnaround in the consumer economy, and that spending will continue to accelerate as we move through the year and as the impact of the government's economic stimulus tax-rebate program begins to be felt."

ComScore data showed $32.8 billion in online retail spending for the first quarter of 2008 (including auction fees and automobiles but excluding event tickets, in accordance with the U.S. Department of Commerce definition of e-commerce), approximately one month prior to the U.S. Department of Commerce publishing its estimate of $32.4 billion.
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