E-Commerce Small But Growing, Commerce Department Report Says

Share this article:
The Commerce Department yesterday said U.S. consumers increased their Internet purchases of goods such as books, clothing and toys during the first quarter of this year but that the Internet accounted for only a fraction of all retail sales.


E-commerce sales rose 1.2 percent during the first three months of the year to $5.26 billion, according to the department. Internet sales accounted for $5.198 billion in the fourth quarter of 1999.


Still, e-commerce was just a drop-in-the-bucket when compared to the rest of the retail world. Internet sales accounted for only 0.7 percent of the $747.8 billion in overall retail sales during the first quarter.
Share this article:
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Is the Next Mobile Already at Hand?

Is the Next Mobile Already at Hand?

Researchers quibble about just how big the Internet of Things is going to be, but a new report says it's going to be huge and that marketers need to pay ...

Sony Brings Data to Outdoor Advertising

Sony Brings Data to Outdoor Advertising

Norwegian moviegoers got front-row seats when Sony took dynamic digital ads off the Web and into theaters.

Ramp Introduces Video Platform for Marketers

Ramp Introduces Video Platform for Marketers

The cloud-based platform syncs with marketing automation and capitalizes on user behavior to extend view times.