U.S. E-Commerce At $194.3 Billion, Feds Say

What's Next In Payments®
11:22 AM EDT February 19th, 2012

E-commerce sales within the United States increased 16% in 2011 to $194.3 billion, according to a report issued by the U.S. Commerce Department.

As a share of all spending, e-commerce represented 4.6% of total U.S. retail activity in 2011, up from 4.3% in 2010.

Earlier this month, comScore Inc. estimated the same full-year statistic at $161.5 billion, calling it a 13% increase from 2010. According to Internet Retailer, the comScore estimate is based on purchase data collected from one million online shoppers, while the Commerce Department works from data provided by roughly 11,000 U.S. merchants.

Comments
Also by This Author
What's Hot
News
Analytics Firm Qubit Picks Up Funding
News
MasterCard Gives Biometrics Start-Up A $14M Boost
Loyalty & Rewards
Google Wallet’s Loyalty Lift
Loyalty & Rewards
Online Marketplace Fashionism’s Rewards Innovation? Cash Rewards
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
PayPal Makes It Easy For Businesses To Attach Invoicing Information
B2B Payments
Why B2B Payments Is Ready To Be Disrupted
B2B Payments
What Kind Of Stamp Will VCs Leave On The B2B Payments Ecosystem?
B2B Payments
Credit Junction Pulls In $2 Million Seed Funding
View All Articles ››