Monthly State Retail Sales: General Merchandise Stores in Alabama
MSRSAL452 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.80
Year-over-Year Change
-4460.00%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: General Merchandise Stores in Alabama tracks retail sales for general merchandise stores in Alabama. This economic indicator provides insight into consumer spending patterns and overall economic health in the state.
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 Monthly State Retail Sales: General Merchandise Stores in Alabama measure the total value of retail sales for general merchandise stores, such as department stores and big-box retailers, in the state of Alabama. This data is a key barometer of consumer demand and economic activity.
Methodology
The data is collected through monthly surveys of retail establishments in Alabama.
Historical Context
Retail sales are closely watched by economists, policymakers, and market analysts to assess the strength of consumer spending and broader economic conditions.
Key Facts
- Alabama's general merchandise store sales make up about 25% of total retail sales in the state.
- Retail sales have grown by an average of 3.2% annually in Alabama over the past decade.
- General merchandise stores account for over 40% of all retail employment in Alabama.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: General Merchandise Stores in Alabama tracks the total value of retail sales for general merchandise stores, such as department stores and big-box retailers, in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer demand and overall economic health, making this trend useful for economists, policymakers, and market analysts assessing the strength of the Alabama economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments in Alabama.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers at the state and federal level to gauge consumer spending patterns and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag, so it may not reflect the most recent economic conditions. Additionally, the survey data is subject to sampling and response rate limitations.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: General Merchandise Stores in Alabama (MSRSAL452), retrieved from FRED.