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A Good Year (So Far) For Ecommerce

Posted on 5.21.2007
The Census Bureau of the Department of Commerce announced that the estimate of U.S. retail e-commerce sales for the first quarter of 2007, was $31.5 billion, an increase of 3.0 percent (±1.3%) from the fourth quarter of 2006. And that's not even including retail sales from Ebay which could easily move the needle even further. The first quarter 2007 e-commerce estimate increased 18.4 percent (±4.5%) from the first quarter of 2006 while total retail sales increased 3.2 percent (±0.7%) in the same period. E-commerce sales in the first quarter of 2007 accounted for 3.2 percent of total sales.

The Quarterly Retail E-Commerce sales estimate for the second quarter of 2007 is scheduled for release on August 16, 2007 at 10:00 A.M. EDT. Set your reminders now.

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