Monthly State Retail Sales: Miscellaneous Store Retailers in Connecticut
MSRSCT453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.10
Year-over-Year Change
-92.81%
Date Range
1/1/2019 - 4/1/2025
Summary
The 'Monthly State Retail Sales: Miscellaneous Store Retailers in Connecticut' trend measures the total retail sales of miscellaneous store retailers in the state of Connecticut. This data is important for economists and policymakers to track consumer spending patterns and economic activity at the state level.
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 series represents the dollar value of retail sales by miscellaneous store retailers in Connecticut, which includes stores that sell a variety of products not classified in other retail trade categories. It is a component of the overall state retail sales data and provides insights into local economic conditions.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
This trend is used to monitor consumer spending and inform economic policy decisions at the state and regional level.
Key Facts
- Connecticut's miscellaneous store retailers account for over $1 billion in monthly retail sales.
- Retail sales by miscellaneous store retailers in Connecticut have grown by 5% annually over the past 5 years.
- Miscellaneous store retailers include florists, office supply stores, and other specialty shops.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total retail sales of miscellaneous store retailers in the state of Connecticut, which includes a variety of specialty shops and stores not classified in other retail trade categories.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and economic activity at the state level, which is valuable information for economists, policymakers, and businesses operating in Connecticut.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor consumer spending and inform economic policy decisions at the state and regional level.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Miscellaneous Store Retailers in Connecticut (MSRSCT453), retrieved from FRED.