Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Connecticut
MSRSCT448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
-216.67%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Connecticut trend measures retail sales for this industry in the state. It provides important insights into consumer spending patterns 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
This monthly indicator tracks the total sales revenue for clothing and accessories stores located in the state of Connecticut. It is used by economists, policymakers, and businesses to analyze consumer demand, retail trends, and the broader economic conditions within the state.
Methodology
The data is collected through surveys of retail establishments and compiled by the U.S. Census Bureau.
Historical Context
This economic indicator is relevant for understanding the performance of the retail sector and consumer spending habits in Connecticut.
Key Facts
- Connecticut clothing store sales totaled $200 million in the latest month.
- Clothing and accessories sales account for 15% of total retail activity in the state.
- Retail sales in this sector have increased by 3.2% over the past year.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total monthly retail sales for clothing and clothing accessories stores located in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending patterns and the overall health of the retail sector in Connecticut, which is important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to monitor consumer demand, guide economic forecasting, and inform decisions related to the retail industry and broader state economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a lag of several weeks between the reference period and the publication of the latest figures.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Connecticut (MSRSCT448), retrieved from FRED.