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HomeeCommerceCharts: U.S. Retail Ecommerce Gross sales Q2 2023

Charts: U.S. Retail Ecommerce Gross sales Q2 2023

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 companies the place the client locations an order (or the value 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. Cost might or might not be 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, displaying 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.

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.

In accordance to S&P International Market Intelligence, July 2023 (together with meals companies) 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.



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