All Employees: Professional and Business Services in Indiana
Monthly, Not Seasonally Adjusted
INPBSVN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
369.10
Year-over-Year Change
3.59%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly Retail Trade Survey (MRTS) tracks the dollar value of sales for a sample of retail businesses in the United States. This key economic indicator provides insights into consumer spending patterns and the overall health of the retail sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The INPBSVN series measures the value of sales by businesses in the North American Industry Classification System (NAICS) 'Nonstore Retailers' category. This includes e-commerce, mail-order, and other direct-to-consumer sales channels. The data is widely used by economists and policymakers to assess consumer demand and emerging retail trends.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of a representative sample of retail businesses.
Historical Context
Nonstore retail sales are an important signal for the shift to online shopping and the broader transformation of the retail industry.
Key Facts
- Nonstore retail sales account for over 15% of total U.S. retail sales.
- E-commerce makes up the majority of nonstore retail activity.
- Nonstore retail sales have grown over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: The INPBSVN series measures the value of sales for businesses in the 'Nonstore Retailers' category, which includes e-commerce, mail-order, and other direct-to-consumer retail channels.
Q: Why is this trend relevant for users or analysts?
A: Nonstore retail sales are a crucial indicator of consumer spending patterns and the shift towards online shopping, providing insights into the transformation of the broader retail industry.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of a representative sample of retail businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor nonstore retail sales to assess consumer demand, e-commerce adoption, and the overall health of the retail sector, which has significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The U.S. Census Bureau publishes this data on a monthly basis, with a typical release lag of around 2 weeks.
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Citation
U.S. Census Bureau, Monthly Retail Trade Survey (INPBSVN), retrieved from FRED.