Summary: The digital economy continues to expand, according to the latest statistics from the U.S. Department of Commerce.
First Quarter 2021
- The estimate for U.S. retail e-commerce sales for the first quarter of 2021, adjusted for seasonal variation, but not for price changes, was $215.0 billion, an increase of 7.7 percent (±0.5%) from the fourth quarter of 2020.
- The first quarter 2021 e-commerce estimate increased 39.1 percent (±1.4%) from the first quarter of 2020 while total retail sales increased 16.8 percent (±0.5%) in the same period.
- E-commerce sales in the first quarter of 2021 accounted for 13.6 percent of total retail sales.
As you can see from this graph, the percent of e-commerce sales vs. total retail sales has taken a big jump up over the last year but has moderated in the most recent quarter.
For more articles about e-commerce trends, see our Data Shot series.
Source: U.S. Census Bureau News, Press Release, May 18 2021
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