The US Census Bureau released data on US retail and it shows ecommerce as a growth driver. Data shows that in the third quarter of 2014 Americans spent $78 billion online, compared to $67.1 billion in the third quarter of 2013.
Ecommerce is now 6.6 % of total US retail
a. Ecommerce has grown from 5.9% of total retail in 2013 (3rd quarter) to 6.6% this year.
b. Ecommerce sales have went up from $67.1 billion in the 3rd quarter of 2013 to $78 billion in the 3rd quarter of 2014:
c. Both growth and overall sales look great for online retailers but ecommerce really stands out when comparing total retail and ecommerce year on year growth. While total retail struggles with single digit growth, ecommerce is growing at double digits:
To get an overview of how the past two years add up to ecommerce growth in the US, have a look at this chart from Statista, showing yearly growth in ecommerce since 2002 ($72 billion) to 2013 ($322 billion):
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