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HomeNewsEconomyE-Commerce Retail Sales Pick Up Pace in Q2 2018

E-Commerce Retail Sales Pick Up Pace in Q2 2018

E-Commerce Retail Sales Graphic (Source: Adobe Stock)
E-Commerce Retail Sales Graphic (Source: Adobe Stock)

E-Commerce Retail Sales Graphic (Source: Adobe Stock)

E-Commerce retail sales gained in the second quarter (Q2) 2018, rising 3.9% to $123.7 billion from the previous quarter. That compares to a downwardly revised 3.6% gain in Q1 2018 and a 3.2 gain in Q4 2017.

The U.S. Census Bureau and Commerce Department (CoD) joint report estimates total Q2 retail sales at $1,327.9 billion, an increase of 1.6% from the first quarter of 2018. The Q2 2018 e-commerce estimate rose 15.2% from Q2 2017, while total retail sales increased 5.7% in the same period.

E-commerce sales in Q2 2018 accounted for 9.6% of total sales, up from 9.5% of total retail sales in the previous quarter.

Not adjusted, the estimate of e-commerce retail sales in the U.S. for Q2 2018 totaled $120.4 billion, an increase of 6.4% from Q1 2018. The Q2 2018 e-commerce estimate increased 15.4% from Q2 2017, while total retail sales rose 5.3% in the same period.

E-commerce sales in Q2 2018 accounted for 9.0% of total retail sales, on a non-adjusted basis.

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