The Q1 2023 retail e-commerce sales estimate was a rise of 7.8 per cent year on year (YoY).
US retail e-commerce sales for Q1 2023, adjusted for seasonal variation, was estimated at $272.6 billion—a rise of 3 per cent from 2022 fourth quarter and an increase of 7.8 per cent year on year (YoY).
Total retail sales for the quarter were estimated at $1,799.5 billion, a rise of 0.9 per cent quarter on quarter and a rise of 3.4 per cent YoY.
Total retail sales for Q1 2023 were estimated at $1,799.5 billion, a rise of 0.9 per cent quarter on quarter and an increase of 3.4 per cent YoY.
E-commerce sales in during the period accounted for 15.1 per cent of total US sales.
When not adjusted for seasonal variation, the estimate of US retail e-commerce sales for the quarter totaled $253.1 billion, a decrease of 16.5 per cent quarter on quarter and an increase of 8 per cent YoY.
Fibre2Fashion News Desk (DS)