E-commerce & Internet Retailing - Executive Summary Q2 2019

Published on: 06/05/2019

The E-commerce & Internet Retailing market has experienced substantial growth with sales increasing at an average rate of 15.8% year-over-year (YOY) since 2009, according to the US Census Bureau. Favorable macroeconomic tailwinds during this period have held steady with most recent data indicating a 2.3% YOY increase in per capita disposable incomes in March, according to the Federal Reserve, and a 4% month-over-month increase in the April consumer confidence index, according to The Conference Board. The discretionary nature of e-commerce and its positive correlation with consumer spending data will dictate future growth rates.

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