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Supply
Chain by the Numbers |
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- Jan. 16, 2014
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Famous Closed GM Truck Plant Partially Saved by Chinese Company; How Much Revenue per Employee? Christmas On-line Sales Continued to Grow Rapidly; US Drops out of Top 10 in Economic Freedom |
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Growth in the level of on-line US retail during the 2013 Christmas shopping season, according to an announcement this week by the National Retail Federation. Coming in at around $95 billion, that means ecommerce represented about 15.8 % of the $602 billion in total sales (excluding autos, restaurants, and fuel) during the period. The total includes categories such as food and consumer packaged goods where sales numbers are still pretty low, while the percentage in categories such as electronics is obviously much higher. That rate of ecommerce growth of late has been decelerating a bit, however, to around 9-10% each month versus 15% of so for several years before that. |
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Rank of the US in the just released 2014 Index of economic freedom from The Heritage Foundation, a conservative think tank. This is the first time the US has fallen out of the top 10. Just six countries were given a pure "free" designation: number 1 Hong Kong followed by Singapore, Australia, Switzerland, New Zealand, and Canada. Ahead of the US in the "
mostly free" category, in order, were Chile, Mauritius, Ireland, Denmark, and Estonia. It's an interesting list whether you like the measure or you don't, and can be found here: 2014 Index of Economic Freedom. |
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