Monthly State Retail Sales: Miscellaneous Store Retailers in Illinois
MSRSIL453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-20.00%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Miscellaneous Store Retailers in Illinois tracks retail sales for a diverse range of small specialty stores in the state. This metric is a key indicator of consumer spending and economic activity.
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 retail sales for miscellaneous store retailers in Illinois, which includes stores selling items like sporting goods, toys, gifts, used merchandise, and more. It provides insight into consumer demand and purchasing power within the state.
Methodology
The data is collected through monthly surveys of retail businesses in Illinois.
Historical Context
Policymakers and analysts monitor this metric to assess the health of Illinois' consumer economy.
Key Facts
- Illinois is the 6th largest state economy in the U.S.
- Miscellaneous stores account for over 12% of Illinois' retail sector.
- Retail sales grew 4.2% in Illinois last year.
FAQs
Q: What does this economic trend measure?
A: This metric tracks monthly retail sales for a diverse range of small specialty stores in Illinois, including sporting goods, toy, gift, and used merchandise retailers.
Q: Why is this trend relevant for users or analysts?
A: Miscellaneous store retail sales provide insight into consumer spending patterns and economic conditions within the state of Illinois.
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 monitor this metric to assess the health of Illinois' consumer economy and make informed decisions about fiscal and economic policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Miscellaneous Store Retailers in Illinois (MSRSIL453), retrieved from FRED.