Monthly State Retail Sales: Food and Beverage Stores in Illinois
MSRSIL445 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.90
Year-over-Year Change
-255.26%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Food and Beverage Stores in Illinois metric tracks retail sales at food and beverage stores within the state of Illinois. This data provides insight into consumer spending patterns and the overall health of the Illinois retail 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 series measures the total dollar value of monthly retail sales at food and beverage stores in the state of Illinois. It is a key economic indicator used by analysts, policymakers, and businesses to understand consumer behavior and the performance of the Illinois retail industry.
Methodology
The data is collected through surveys of retail establishments in Illinois and aggregated by the U.S. Census Bureau.
Historical Context
Trends in Illinois retail sales are closely monitored by economists, businesses, and government agencies to inform economic policy and investment decisions.
Key Facts
- Illinois accounts for over 4% of total U.S. retail sales.
- Food and beverage stores make up nearly 15% of Illinois' retail economy.
- Retail sales in Illinois grew by 3.2% in the last 12 months.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total retail sales at food and beverage stores located within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: Monitoring retail sales in Illinois provides valuable insights into consumer spending patterns and the overall health of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in Illinois and aggregated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in Illinois retail sales are closely watched by policymakers and economists to inform decisions around economic policy and investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately 6 weeks.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Food and Beverage Stores in Illinois (MSRSIL445), retrieved from FRED.