Monthly State Retail Sales: Furniture and Home Furnishings Stores in Connecticut
MSRSCT442 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.50
Year-over-Year Change
-377.78%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Furniture and Home Furnishings Stores in Connecticut trend measures retail sales at furniture and home furnishings stores in the state of Connecticut. This provides important insights into consumer spending and demand in the home goods 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
This economic indicator tracks the monthly total sales revenue generated by furniture and home furnishings stores located within the state of Connecticut. It is a key barometer of consumer confidence and household spending in the home goods market.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this trend to assess the health of the retail sector and broader consumer economy.
Key Facts
- Connecticut accounts for over 2% of total U.S. retail furniture and home furnishings sales.
- Furniture and home goods stores make up approximately 10% of total retail sales in Connecticut.
- This trend is released on a monthly basis with a 1-2 month reporting lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total retail sales generated by furniture and home furnishings stores located in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into consumer spending patterns and demand for home goods within the Connecticut market, which is an important indicator of the broader retail sector and economic health.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the strength of consumer demand and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: This data is released on a monthly basis but has a 1-2 month reporting lag, so the most recent figures may not fully reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Furniture and Home Furnishings Stores in Connecticut (MSRSCT442), retrieved from FRED.