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Online Sales, Shipments Outperform Total Economic Activity in Most Industries Measured by Census Bureau
FOR IMMEDIATE RELEASE WEDNESDAY, MARCH 19, 2003
Mike Bergman CB03-50
Public Information Office
(301) 763-3030/457-3670 (fax)
(301) 457-1037 (TDD)
e-mail: pio@census.gov Quotes and radio sound bites
E-Stats Track the 'Clicks' and 'Bricks'
Online Sales, Shipments Outperform Total Economic Activity
in Most Industries Measured by Census Bureau
Online economic activity outperformed total economic activity in three
of four major economic sectors measured between 2000 and 2001, according
to new information on the nation's e-commerce released today by the
Commerce Department's Census Bureau.
Online retail sales grew 22 percent while total retail sales grew only
3 percent. Online sales by merchant wholesalers grew 12 percent while
their total sales actually declined 1 percent. E-shipments in
manufacturing also fared better than total shipments between 2000 and
2001, with e-commerce declining only 4 percent, compared with a 6 percent
decline in total manufacturing shipments. And, in the fourth sector
covered in the report, a group of selected service industries'e-revenues
did not change significantly, while total revenues grew 2 percent.
The report noted that while business-to-consumer activity is the focus
of much public attention, 93 percent of e-commerce is
business-to-business.
The E-Stats report covers the value of goods and services sold online,
whether over open networks such as the Internet or proprietary networks
such as Electronic Data Interchange. The report also revises previously
released data for 2000.
Other highlights:
- The travel reservation industry generated nearly one-fourth of its
total revenue online during 2001.
- In manufacturing, e-shipments of computer and electronic equipment
declined by 6 percent ($5 billion), while total shipments fell by
16 percent ($81 billion).
- Merchant wholesalers' online growth was particularly strong in
drugs, drug proprietaries and druggists' sundries, where online sales
grew 24 percent ($19 billion) and total sales grew 20 percent
($33 billion).
- Nonstore retailers -- businesses ranging from television shopping
networks to Internet shopping sites -- accounted for 75 percent
($26 billion) of online retail sales, a growth of 21 percent between
2000 and 2001.
- In the electronic shopping and mail-order houses industry, three
merchandise groups were the major source of the strong growth in
e-sales: furniture and home finishings grew 70 percent; clothing
and clothing accessories, 56 percent; and office equipment and
supplies, 37 percent. Total sales fell in all three groups.
- In the services sector, the securities and commodity contracts
intermediation and brokerage industries saw a 37 percent decline
($2 billion), while total revenues fell 13 percent ($37 billion).
- Information sector service industries experienced strong growth in
e-revenues, which grew 12 percent ($1 billion), while total revenues
rose 3 percent ($24 billion).
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Source: U.S. Census Bureau | Public Information
Office | (301) 763-3030 | |||||