The Census Bureau of the U.S. Division of Commerce reviews quarterly home retail ecommerce gross sales. Newly launched figures (PDF) for Q3 2023 present gross sales of $281.1 billion, a progress of two.3% over the prior quarter.
Per the DoC, ecommerce gross sales are for “items and companies the place the client locations an order (or the value and phrases of the sale are negotiated) over an Web, cell gadget, extranet, digital information interchange community, electronic message, or different comparable on-line system. Cost might or might not be made on-line.”
The DoC’s estimated whole retail gross sales (on-line and in-store) for Q3 2023 stood at $1,825.3 billion, a rise of 1.5% from Q2 2023.
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Ecommerce accounted for 15.6% of whole U.S. retail gross sales in Q3 2023, up barely from 15.5% within the prior quarter.
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The DoC estimates U.S. ecommerce retail gross sales in Q3 2023 grew by 7.6% in comparison with Q3 2022, whereas whole quarterly retail gross sales skilled a 2.3% annual rise in the identical interval.
