Perhaps fueled in part by consumer confidence exhibited in an increase in auto sales, lower gasoline prices, and an apparently recovering construction sector, retail e-commerce rode a rising wave in the Third Quarter, up an estimated 3.7% from the second quarter and 17.3% from the third quarter of 2011, the government revealed last month. Estimated third-quarter retail e-commerce spending - adjusted for seasonal variation but not for price changes - tallied up to a nearly even $57 billion ($56,988 billion), the U.S. Census Bureau says.
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