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 ecommerce 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 ecommerce 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.
- Ecommerce 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 ecommerce 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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