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E-commerce sales reach $105.7B in Q1 2017, to make up 8.5% of all retail sales
According to the US Census Bureau's latest report, e-commerce sales saw a 14.7% year-over-year increase compared to the first quarter of 2016.
The US Census Bureau released its latest e-commerce report, showing retail e-commerce sales reached an estimated $105.7 billion in Q1 2017, a 4.1 percent increase over the previous quarter and 14.7 percent year-over-year increase compared to Q1 2016.
The Census Bureau says the $105.7 billion estimate is adjusted for seasonal variation, but not price changes. (The non-adjusted retail e-commerce total for Q1 was 98.1 billion – which is actually down 20 percent from Q4 2016.)
According to the report, e-commerce sales made up 8.5 percent of the total $1.25 billion in retail sales generated in Q1 2017.
Estimated Quarterly U.S. Retail E-commerce Sales
The US Census Bureau plans on releasing its Q2 2017 report on August 17.