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E-Commerce Sales Dip

July 2, 2009 By Picture Business Staff
For the first time since they started keeping online shopping statistics, the Census Bureau of the Department of Commerce recently announced a drop in e-commerce sales.

The estimate of U.S. retail e-commerce sales for the first quarter of 2009 totaled $30.2 billion, a decrease of 17.7 percent  from the fourth quarter of 2008. The first quarter 2009 e-commerce estimate decreased 5.7 percent  from the first quarter of 2008 while total retail sales decreased 11.6 percent  in the same period. E-commerce sales in the first quarter of 2009 accounted for 3.6 percent of total sales.
 

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