(CNSNews.com) - E-commerce retail sales in the United States climbed 95 percent in the five years from 2011 to 2016, according to new data released by the Census Bureau.
In 2011, total E-commerce retail sales were $199,564,000,000, according to the bureau. By 2016, the latest year on record, they had climbed to $389,111,000,000.
The $389,111,000,000 in E-commerce retail sales in 2016 made up 8 percent of the nation’s $4,856,334,000,000 in total retail sales.
Back in 2011, the $199,564,000,000 in E-commerce retail sales record back in 2011 made up about 4.9 percent of the nation’s $4,102,952,000,000 in total retail sales.
At the turn of the century, in 2000, E-commerce retail sales made up less than 1 percent (0.93%) of the nation’s total retail sales.
“E-commerce sales are goods and services where the buyer places and order, or the price and terms of the sale are negotiated, over an Internet, mobile device (M-commerce), extranet, Electronic Data Interchange (EDI) network, electronic mail, or other comparable online system,” says the Census Bureau. “Payment may or may not be made online.”
The bureau has published data on E-commerce retail sales going back to 1998. That year, total retail sales in the United States were $2,581,762,000,000 and E-commerce retail sale ($4,984,000,000) made up only 0.19 percent of that total.