TMCnet News

U.S. Census Bureau Daily Feature for July 16: On-Line Shopping
[July 16, 2016]

U.S. Census Bureau Daily Feature for July 16: On-Line Shopping


WASHINGTON, July 16, 2016 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:

U.S. Census Bureau logo.

ON-LINE SHOPPING

Profile AmericaSaturday, July 16th. On this date in 1995, a small start-up company launched its business of selling books online out of a two-car garage in Bellevue, Washington. The first item purchased was a book titled "Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought."  The 1995 garage operation was Amazon.com. The company now has some 230,000 employees and around 90 warehouses to store and ship the annual two-billion purchases of books and much else. Amazon went public in 1997, and currently its market capitalization puts it among America's largest companies. Not all of America's 26,000 electronic shopping ventures do so well, but last year internet sales totaled nearly $342 billion, or over 7 percent of all retail sales. Profile America is in its 20th year as a public service of the U.S. Census Bureau. 

Sources:
Amazon launch and first sale/accessed 5/1/2016: http://www.history.com/this-day-in-history/amazon-opens-for-business/print  



Went public /accessed 5/11/2016:  http://www.fundinguniverse.com/company-histories/amazon-com-inc-history/ 
Amazon employees/accessed 5/11/2016:  http://www.statista.com/topics/846/amazon/ 
Warehouses and annual sales/accessed 5/11/2016:  http://expandedramblings.com/index.php/amazon-statistics/ 
Market capitalization/accessed 5/11/2016:  http://www.dogsofthedow.com/largest-companies-by-market-cap.htm 
2015 e-commerce sales/NAICS 4541:  http://www.census.gov/retail/mrts/www/data/pdf/ec_current.pdf 
Number of electronic shopping establishments/NAICS 45411:  http://factfinder.census.gov/bkmk/table/1.0/en/BP/2014/00A1//naics~454111 

Profile America is produced by the Center for New Media and Promotion of the U.S. Census Bureau. Statistics and accounts drawn from cited non-Census sources are employed for illustrative or narrative purposes, and are not attested to by the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Audio" in the "Library" pull-down menu). 


Logo - http://photos.prnewswire.com/prnh/20110428/DC91889LOGO

 


To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-census-bureau-daily-feature-for-july-16-on-line-shopping-300294684.html

SOURCE U.S. Census Bureau


[ Back To TMCnet.com's Homepage ]