The latest retail sales statistics from the United States Commerce Department show that eCommerce is still growing, albeit at a slower pace than has been seen recently.
Overall, retail sales defined as “non-store” (read: online) were up 10.6 percent last month.The total dollar value came in at just under $47 billion, with a slight slide in the growth rate as compared to the previous month. In August, the growth rate (year over year) was 10.9 percent.
The third quarter overall, said the Commerce Department and as reported by Internet Retailer, was marked by roughly $141 billion in online sales and up 11.3 percent over the 2015 third quarter. Taken as whole, all retail sales in the U.S., according to the latest numbers, showed up at $459 billion, up 2.7 percent from a year ago in the third quarter.
That’s slower than the 15.8 percent rate that was seen in the second quarter. The site noted that online retail sales, as carved out from the overarching definition of “non-store” sales, were up as much as 15 percent in the third quarter. The official tally won’t be known until a month from now.