Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Illinois
MSRSIL448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.60
Year-over-Year Change
-337.50%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Illinois measure retail sales activity in Illinois's clothing and accessories sector. This key economic indicator provides insights into consumer spending patterns and the overall health of the state's retail industry.
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 data series tracks monthly retail sales for clothing and clothing accessories stores located in the state of Illinois. It serves as an important barometer for analyzing consumer demand, industry performance, and economic trends within Illinois's retail marketplace.
Methodology
The data is collected through monthly surveys of retail businesses in Illinois.
Historical Context
Policymakers and analysts use this metric to evaluate the state's economic conditions and consumer behavior.
Key Facts
- Illinois is the 5th largest state economy in the U.S.
- Clothing and accessories stores account for 10% of Illinois's total retail sales.
- Retail sales in this sector have grown by 7% over the past year.
FAQs
Q: What does this economic trend measure?
A: This data series measures monthly retail sales for clothing and clothing accessories stores located in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer spending patterns and the overall health of Illinois's retail industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses in Illinois.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the state's economic conditions and consumer behavior, which can inform policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 2-month delay between the reporting period and the data's publication.
Related Trends
Arts, Entertainment and Recreation Earnings in Illinois
ILEART
Real Gross Domestic Product: Other Transportation Equipment Manufacturing (3364-3466, 3369) in Illinois
ILOTRANEQMANRGSP
Business Applications for Illinois
BUSAPPWNSAILYY
Housing Inventory: Pending Listing Count in Illinois
PENLISCOUIL
All Employees: Transportation and Utilities: Couriers and Messengers in Illinois
SMU17000004349200001
All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Illinois
SMU17000004244100001SA
Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Illinois (MSRSIL448), retrieved from FRED.