E-Commerce III: Business-to-Business E-commerce in 2008

According to the U.S. Census Bureau E –Stats, business-to-consumer (B-to-C) online sales (goods and services) totaled $288 billion in 2008. Businesses also sell to other businesses. Business-to business (B-to-B) e-commerce has increased dramatically over the past few years as businesses find new, effective, cost efficient ways to use tine internet.

B-to-B e-commerce more than doubled between 2003 and 2008, and today, in 2010, accounts for about 40 percent of all U.S. manufacturing shipments. What were total e-commerce B-to-B transactions in 2008?

A. $3.6 billion
B. $3.4 trillion
C. $36 trillion
D. $3.4 billion

D. $3.4 trillion

$3.4 trillion: The U.S. Census E-Stats reports that B-to-B e-commerce total $3.4 trillion in 2008. That represents 92.2 percent of all e-commerce in the U.S. A copy of the most recent E-Stats is available at: http://www.census.gov/econ/estats/

For step-by-step instructions, click here:E-Commerce, Part III

For questions, contact Bill Pinkovitz