Summary: The digital economy continues to expand to record levels, according to the latest statistics from the U.S. Department of Commerce.
Second Quarter 2021
- The estimate for U.S. retail ecommerce sales for the second quarter of 2021, adjusted for seasonal variation, but not for price changes, was $222.5 billion, an increase of 3.3 percent (±0.7%) from the first quarter of 2021.
- The second quarter 2021 ecommerce estimate increased 9.1 percent (±1.4%) from the second quarter of 2020 while total retail sales increased 28.2 percent (±0.7%) in the same period.
- Ecommerce sales in the second quarter of 2021 accounted for 13.3 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 and a half but continues to moderate in the most recent quarter.
For more articles about ecommerce trends, see our Data Shot series.
Source: U.S. Census Bureau News, Press Release, August 19 2021
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