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1999 e-Commerce Report From US Census Bureau

1999 e-Commerce Report From US Census Bureau

According to recent US Census Bureau data, B2B e-commerce dominated commercial activity in the US in 1999. The “E-stats” report, published today, shows that while e-commerce accounted for a relatively small percent of total economic activity in key sectors of the US economy, e-commerce transactions between businesses (B2B commerce)accounted for a surprisingly large proportion of total e-commerce.

Whilst many sectors of the economy showed activity in e-commerce, there was a concentration within certain sectors such as manufacturing – which led the field – merchant wholesaling and selected service industries. Online retail trading, about which much has been written and speculated, accounted for only 0.5% ($15 billion) of total retail sales.

The dominance of the wholesale and manufacturing sectors in this area may be contributed to better infrastructure within the B2B market which contrasts with the relatively recent adoption of internet activities within the retail and service industries.

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