Monthly State Retail Sales: Food and Beverage Stores in Indiana
MSRSIN445 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.60
Year-over-Year Change
350.00%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Food and Beverage Stores in Indiana measure consumer spending on food and beverage products in Indiana. This metric is a key indicator of economic activity and consumer demand within the state.
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 food and beverage stores located in the state of Indiana. It provides insights into consumer spending patterns and the overall health of Indiana's retail sector, which is an important driver of the state's economy.
Methodology
The data is collected through surveys of retail establishments in Indiana and aggregated by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze this trend to understand consumer behavior and make informed decisions about economic policies.
Key Facts
- Indiana's food and beverage stores account for over 20% of the state's total retail sales.
- Retail sales in this sector have grown by an average of 3.5% annually over the past 5 years.
- The COVID-19 pandemic led to a temporary spike in food and beverage store sales in Indiana during 2020.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Food and Beverage Stores in Indiana measure the total dollar value of sales transactions at food and beverage stores located within the state of Indiana.
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 Indiana's retail sector, 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 establishments in Indiana and aggregated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand consumer behavior and make informed decisions about economic policies that may impact the retail industry in Indiana.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
Related Trends
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Chain-Type Quantity Index for Real GDP: Agriculture, Forestry, Fishing and Hunting (11) in Indiana
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Food and Beverage Stores in Indiana (MSRSIN445), retrieved from FRED.