US Desktop-Based Retail E-Commerce Spending Up 16% Y-O-Y in Q2

Retail e-commerce spending (excluding mobile) grew by 16% year-over-year in Q2 to reach $49.8 billion, estimates comScore in its latest quarterly e-commerce figures. That 16% rise represented the 15th consecutive quarter of growth and the 11th consecutive quarter of double-digit increases. It was also the quickest rate of growth since Q1 2012 (17%). E-commerce spending accounted for 9.6% of consumers’ discretionary spending for the quarter. (more…)