U.S. Q2 Spending: Seventh Consecutive Quarter of Double-Digit Growth

By emeadows
August 22, 2012

According to numbers from comScore, e-commerce sales reached a high $43.2 billion in the second quarter. That’s up 15 percent from a year ago.
“The quarter marked America’s seventh consecutive quarter of double-digit growth, as consumers get even more comfortable spending online and having products show up on their front porches,” reports AllThingsD.
Amazon is, of course, growing right along with the rise of e-commerce. “The big-box retailer of the Web said that in the second quarter, it grew 32 percent if you take away the impact of foreign exchange,” notes the article.
Online auction and shopping site eBay also experienced a significant increase, jumping 23 percent, while brick-and-mortar stores continue to struggle.
However, comScore’s numbers do not include mobile sales, which saw a “staggering surge,” according to eBay CEO John Donahoe.
According to the report, the top-performing online products included: “Digital content and subscriptions, consumer electronics, flowers, greetings and gifts, computer hardware, and apparel and accessories. Each category grew at least 16 percent compared to the year-ago period.”

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