Monthly State Retail Sales: Miscellaneous Store Retailers in Arizona
MSRSAZ453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-84.25%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic indicator tracks monthly retail sales for miscellaneous store retailers in the state of Arizona. It provides insights into consumer spending and the health of the local economy.
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: Miscellaneous Store Retailers in Arizona series measures the dollar value of retail sales by miscellaneous store retailers in Arizona on a monthly basis. This data is used by economists and policymakers to assess trends in consumer demand and the overall economic conditions in the state.
Methodology
The data is collected through monthly surveys of retail businesses in Arizona.
Historical Context
This indicator is relevant for understanding the performance of Arizona's retail sector and consumer confidence in the state.
Key Facts
- Arizona's miscellaneous store retailers account for over 10% of the state's total retail sales.
- Retail sales for this sector have grown by an average of 4% annually over the past 5 years.
- Miscellaneous store retailers include florists, office supply stores, and other specialty retailers.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly retail sales of miscellaneous store retailers in the state of Arizona, providing insights into consumer spending and the health of the local economy.
Q: Why is this trend relevant for users or analysts?
A: This data is used by economists and policymakers to assess consumer demand and overall economic conditions in Arizona, which is crucial for understanding the performance of the state's retail sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses in Arizona.
Q: How is this trend used in economic policy?
A: This indicator is relevant for understanding consumer confidence and spending patterns in Arizona, which can inform economic policies and decisions made by government and market institutions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 4-6 week delay between the reference period and the data publication.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Miscellaneous Store Retailers in Arizona (MSRSAZ453), retrieved from FRED.