2002 Ecommerce Sales Reaches $45.6 Billion, Up 26.9 Percent Compared to 2001
A report from the Commerce Department's Census Bureau said that online retail sales in the last quarter of 2002 were up about 28 percent to $14.3 billion, compared to a total of $11.2 billion for the fourth quarter of 2001. Total e-commerce sales for 2002 were $45.6 billion, an increase of 26.9 percent from 2001. The fourth quarter 2002 e-commerce increased 29.3 percent from the third quarter of 2002, while total retail sales increased 5.1 percent from the prior quarter. However, ecommerce accounting for only 1.6 percent of total sales, up from 0.7 percent in 1999.
Posted under Ecommerce, Statistics & Trends on March 01, 2003.
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