Last spring, I released The Emerging Digital Economy, the Department of Commerce’s first report
measuring the development of electronic commerce. I wrote then that the report aimed to provide us
with a clearer understanding of the "promise" of electronic commerce – "a future with more
opportunity and prosperity" for all Americans.
EXECUTIVE SUMMARY
Electronic commerce (business transactions on the Web) and the information technology (IT) industries
that make “e-commerce” possible are growing and changing at breathtaking speed, fundamentally altering
the way Americans produce, consume, communicate, and play.
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