U.S. Commerce Department data show Internet retail sales continue to grow

Retail sales over the internet continue to increase in the U.S.

Internet sales, or as the Commerce department puts it:  sales of goods and services where an order is placed by the buyer or price and terms of sale are negotiated over an Internet, extranet, Electronic Data Interchange (EDI) network electronic mail, or other online system, have increased over 15% each year of the last three years.

E-Commerce now makes up about 6% of all retail sales in the U.S.

Internetsales

Source: http://www2.census.gov/retail/releases/historical/ecomm/

Time Period E-commerce Sales Change from previous year
2013 Q4                83,709 17.0%
2012 Q4                71,554 15.8%
2011 Q4                61,789 17.5%
2010 Q4                52,567

 

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