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RETAIL E-COMMERCE SALES IN FOURTH QUARTER
2001 WERE $10.0 BILLION, UP 13.1 PERCENT FROM FOURTH QUARTER 2000,
CENSUS BUREAU REPORTS
The
Census Bureau of the Department of Commerce announced today that the
estimate of U.S. retail e-commerce sales for the fourth quarter of 2001,
not adjusted for seasonal, holiday, and trading-day differences, was
$10.043 billion, an increase of 13.1 percent (±4.1%) from the fourth
quarter of 2000. Total retail sales for the fourth quarter of 2001 were
estimated at $860.8 billion, an increase of 5.3 percent (±0.6%) from the
same period a year ago.
The
fourth quarter 2001 e-commerce estimate increased 34.4 percent (±2.1%)
from the third quarter of 2001 while total retail sales increased 9.5
percent (±0.3%) from the prior quarter.
E-commerce sales in the fourth quarter of 2001 accounted for 1.2 percent
of total sales, while in the fourth quarter of 2000 e-commerce sales
were 1.1 percent of total sales. In the third quarter of 2001 e-commerce
sales were 1.0 percent of total sales
Total
e-commerce sales for 2001 were estimated at $32.6 billion, an increase
of 19.3 percent (±2.3%) from 2000. Total retail sales in 2001 increased
3.3 percent (±0.7%) from 2000. E-commerce sales in 2001 accounted for
1.0 percent of total sales. E-commerce sales in 2000 accounted for 0.9
percent of total sales.
Estimated Quarterly
U.S. Retail E-commerce Sales:
4TH Quarter 1999 – 4th Quarter 2001
The retail e-commerce sales estimate for
the first quarter of 2002 is scheduled for release in May 2002. Annual
e-statistics for the year 2000 covering manufacturing, wholesale,
retail, and selected service industries are scheduled for release in
March 2002. For more information visit:
www.census.gov/estats.
E-commerce retail sales data and frequently
asked questions (FAQ’s) about e-commerce sales are available on the
Census website at
www.census.gov/mrts/www/mrts.html.
For additional information about Census Bureau e-business measurement
programs and plans visit
www.census.gov/estats.
Table 1.Estimated
Quarterly U.S. Retail Sales1: Total and E-commerce
(Data in millions of
dollars. Not adjusted for seasonal, holiday and trading-day
differences.)
|
Period |
Retail Sales1 |
E-commerce
as a Percent
of
Total Sales |
Quarter-to-Quarter
Percent Change |
Year-to-Year Percent Change |
|
Total |
E-commerce2 |
Total Sales |
E-commerce
Sales |
Total Sales |
E-commerce sales |
|
1999 4th Quarter |
785,869 |
5,266 |
0.7 |
8.6 |
(NA) |
9.2 |
(NA) |
|
2000 1st Quarter |
714,425 |
5,526 |
0.8 |
-9.1 |
4.9 |
12.0 |
(NA) |
|
2nd Quarter |
777,819 |
5,982 |
0.8 |
8.9 |
8.3 |
8.6 |
(NA) |
|
3rd Quarter |
772,796 |
6,898 |
0.9 |
0.6 |
15.3 |
6.8 |
(NA) |
|
4th Quarter |
817,715 |
8,881 |
1.1 |
5.8 |
28.7 |
4.1 |
68.6 |
|
2001 1st Quarter |
728,662 |
7,592 |
1.0 |
-10.9 |
-14.5 |
2.0 |
37.4 |
|
2nd Quarter |
807,409 |
7,458 |
0.9 |
10.8 |
-1.8 |
3.8 |
24.7 |
|
3rd Quarter
r |
786,364 |
7,473 |
1.0 |
-2.6 |
0.2 |
1.8 |
8.3 |
|
4th Quarter
p |
860,828 |
10,043 |
1.2 |
9.5 |
34.4 |
5.3 |
13.1 |
NA Not available. r Revised.
p Preliminary.
1 Does not include Food
Services.
2E-commerce sales are sales of goods and services where an
order is placed by the buyer or price and terms of sale are negotiated
over an Internet, extranet, Electronic Data Interchange (EDI) network,
electronic mail, or other online system. Payment may or may not be made
online.
Explanatory Notes
Retail e-commerce sales are estimated from
the same sample used in the Monthly Retail Trade Survey (MRTS) to
estimate preliminary and final U.S. retail sales. Advance U.S. retail
sales are estimated from a subsample of the MRTS sample that is not of
adequate size to measure changes in retail e-commerce sales.
A stratified simple random sampling method
is used to select approximately 11,000 retail firms whose sales are then
weighted and benchmarked to represent the complete universe of over two
million retail firms. The MRTS sample is probability based and
represents all employer firms engaged in retail activities as defined by
the North American Industry Classification System (NAICS). Coverage
includes all retailers whether or not they are engaged in e-commerce.
Online travel services, financial brokers and dealers, and ticket sales
agencies are not classified as retail and are not included in either the
total retail or retail e-commerce sales estimates. Nonemployers are
represented in the estimates through the benchmarking operation.
E-commerce sales are included in the total monthly sales estimates.
The MRTS sample is updated on an ongoing
basis to account for new retail employer businesses (including those
selling via the Internet), business deaths, and other changes to the
retail business universe. Research was conducted to ensure that retail
firms selected in the MRTS sample and engaged in e-commerce are
representative of the universe of e-commerce retailers.
Firms are asked each month to report
e-commerce sales separately. For each month of the quarter, data for
nonresponding sampling units are imputed from responding sampling units
falling within the same kind of business and sales size category.
Approximately 14 percent of the e-commerce sales estimate for fourth
quarter 2001 was imputed. Imputed total retail sales data accounted for
approximately 17 percent of the estimate of U.S. retail sales for the
fourth quarter 2001.
For each month of the quarter, estimates
are obtained by summing weighted sales (either reported or imputed). The
monthly estimates are benchmarked to prior annual survey estimates.
Estimates for the quarter are obtained by summing the monthly
benchmarked estimates. For fourth quarter 2001, the estimate for
December is a preliminary estimate. Therefore, the estimate is subject
to revision.
Reliability of Estimates
The margin of error for the change in U.S.
retail e-commerce sales from the third quarter 2001 to the fourth
quarter 2001 is approximately 2.1%, giving a range of 32.3% to 36.5%.
Range estimates are computed based on the particular sample selected and
canvassed. If we had repeated the process of drawing all possible
samples and forming all corresponding range estimates, approximately 90
percent of these individual range estimates would have contained the
quarter-to-quarter change in e-commerce sales computed from a complete
enumeration of all retail firms on the sampling frame. Because the range
above does not contain 0%, we can conclude at the 90 percent confidence
level that retail e-commerce sales increased from the third quarter 2001
to the fourth quarter 2001.
Table 2.Range
Estimates for Estimated Dollar Volumes
(Data in millions of
dollars)
|
Period |
Retail Sales |
Retail E-commerce Sales |
|
Lower Bound |
Upper Bound |
Lower Bound |
Upper Bound |
|
1999 4th Quarter |
779,881 |
791,857 |
5,004 |
5,528 |
|
2000 1st Quarter |
708,197 |
720,653 |
5,161 |
5,891 |
|
2nd
Quarter |
771,278 |
784,360 |
5,632 |
6,332 |
|
3rd Quarter |
765,714 |
779,878 |
6,503 |
7,293 |
|
4th Quarter |
810,317 |
825,113 |
8,411 |
9,351 |
|
2001 1st Quarter |
720,871 |
736,453 |
7,169 |
8,015 |
|
2nd
Quarter |
802,362 |
812,456 |
7,181 |
7,735 |
|
3rd
Quarter r |
780,431 |
792,298 |
7,171 |
7,775 |
|
4th
Quarter p |
854,551 |
867,105 |
9,711 |
10,375 |
r Revised. p
Preliminary.
Note: Confidence intervals computed for
estimates prior to those for the first quarter 2001 used the
coefficients of variation estimated from the SIC-based sample.
Estimates in this report are based on a
sample, and therefore, are subject to sampling and nonsampling error. A
general discussion of the estimates and survey methodology appears in
BR/00-A Current Business Reports and on the Internet:
http://www.census.gov/mrts/www/mrts.html. |