Is the future of eCommerce promising?
U.S. eCommerce sales are growing
In 2018, U.S. eCommerce sales grew 15.0%. In comparison, the U.S. economy only grew 3.1%.
U.S. online retail sales of physical goods amounted to 501 billion US dollars and are projected to surpass 740 billion US dollars in 2023.
The share of U.S. eCommerce sales of total U.S. retail sales is growing
The share of e-commerce sales of total U.S. retail sales for the 1st quarter of 2010 is 4.2%.
The number increased to 10.5% in the first quarter of 2019.