The Census Bureau of the Department of Commerce announces estimate of U.S. retail e-commerce sales for second quarter of 2016

ON TUESDAY, AUGUST 16, 2016, AT 10:00 A.M. EDT THE CENSUS BUREAU ANNOUNCED ITS ESTIMATES FOR UNITED STATES ECOMMERCE SALES FOR THE PREIOD OF APRIL 1ST, 2016 TO JUNE 31, 2016.

The Census Bureau of the Department of Commerce announced that the estimate of U.S. retail e-commerce sales for the second quarter of 2016, adjusted for seasonal variation, but not for price changes, was $97.3 billion, an increase of 4.5 percent (±0.9 %) from the first quarter of 2016. Total retail sales for the second quarter of 2016 were estimated at $1,201.9 billion, an increase of 1.5 percent (±0.4%) from the first quarter of 2016. The second quarter 2016 e-commerce estimate increased 15.8 percent (±1.8%) from the second quarter of 2015 while total retail sales increased 2.3 percent (±0.5%) in the same period. E-commerce sales in the second quarter of 2016 accounted for 8.1 percent of total sales.

On a not adjusted basis, the estimate of U.S. retail e-commerce sales for the second quarter of 2016 totaled $91.2 billion, a increase of 5.7 percent (±0.9%) from the first quarter of 2016. The second quarter 2016 e-commerce estimate increased 15.8 percent (±1.8%) from the second quarter of 2015 while total retail sales increased 2.1 percent (±0.5 %) in the same period. E-commerce sales in the second quarter of 2016 accounted for 7.5 percent of total sales.

The full release can be found here: U.S. retail e-commerce sales for second quarter of 2016

U.S. retail e-commerce sales for second quarter of 2016

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