Analytics & Data

Charts: U.S. Retail Ecommerce Sales Q2 2024

The U.S. Department of Commerce publishes total quarterly domestic retail sales and ecommerce only. Newly published figures for Q2 2024 (PDF) show total retail sales of $1.82 trillion (a 0.5% increase over Q1 2024) and ecommerce-only retail sales of $291 billion, a growth of 1.4% over the prior quarter.

According to the DoC, ecommerce sales are for “goods and services where the buyer places an order (or the price and terms of the sale are negotiated) over an Internet, mobile device, extranet, electronic data interchange network, electronic mail, or other comparable online system. Payment may or may not be made online.”

Ecommerce accounted for 16.0% of total U.S. retail sales in Q2 2024, up slightly from 15.8% in the prior quarter.

The DoC reports U.S. ecommerce retail sales in Q2 2024 grew by 6.7% compared to Q2 2023, while total quarterly retail sales experienced a 2.1% annual rise over the same period last year.

Adel Boukarroum
Adel Boukarroum
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