Newly launched figures from the Census Bureau of the Division of Commerce (PDF) reveal that U.S. retail ecommerce gross sales grew by 2.1% in Q2 2023 from the earlier quarter to $277.6 billion.
Per the DoC, ecommerce gross sales are for “items and providers the place the client locations an order (or the worth and phrases of the sale are negotiated) over an Web, cellular machine, extranet, digital knowledge interchange community, electronic message, or different comparable on-line system. Fee might or is probably not made on-line.”
The DoC’s estimated whole retail gross sales (on-line and in-store) for Q2 2023 stood at $1,798.2 billion, exhibiting minimal change from Q1.
Ecommerce accounted for 15.4% of whole U.S. retail gross sales in Q2 2023, up from 15.1% within the prior quarter.
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The DoC estimates U.S. ecommerce retail gross sales in Q2 2023 grew by 7.5% in comparison with Q2 2022, whereas whole retail gross sales skilled a 0.6% rise in the identical interval.
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In accordance to S&P World Market Intelligence, July 2023 (together with meals providers) grew 0.7% from the prior month (June 2023) and by 3.2% year-over-year (July 2022). “Nonstore retailers” (ecommerce, mail-order) rose 1.9% and 10.3% in the identical intervals.
