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US: e-commerce sales hit USD 225.5 bln in 2012

Monday 18 February 2013 08:57 CET | News

In 2012, US e-commerce sales have amounted to USD 225.5 billion, up by 15.8 percent from 2011, with total retail sales increasing 5 percent year-over-year, recent statistics indicate.

According to a survey by the government agency Census Bureau, in Q4 2012, US adjusted online sales have jumped 15.6 percent year-over-year, while on an unadjusted basis, sales have increased 15.8 percent.

The same source shows that during the same quarter, adjusted e-commerce retail sales of USD 59.5 billion have accounted for 5.4 percent of total retail sales of USD 1.1 trillion.

Research also points out that the growth in online retail sales is three times faster than overall retail sales growth and while online sales are not likely to catch up anytime soon, retailers that do not have significant online sales are missing a major opportunity for growth.


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Keywords: e-commerce, online sales, retail sales, online retailers, US
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce