Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Louisiana
MSRSLA444 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.20
Year-over-Year Change
-288.24%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures monthly retail sales for building material and garden equipment and supplies dealers in the state of Louisiana. It provides valuable insights into consumer demand and economic activity in this key industry 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
The Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Louisiana series tracks the total value of retail sales for this specific industry group within the state. It is used by economists and policymakers to analyze trends in consumer spending, monitor the health of the construction and home improvement sectors, and inform economic forecasting.
Methodology
The data is collected through monthly surveys of a sample of businesses in this industry category across Louisiana.
Historical Context
This retail sales trend offers insight into the broader Louisiana economy and can inform decisions around fiscal, monetary, and industry-specific policies.
Key Facts
- Louisiana is the 25th largest state by population.
- The building materials and garden supplies industry is a key component of the state's economy.
- Retail sales data can signal changes in consumer confidence and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales for building material and garden equipment and supplies dealers in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer demand and economic activity in the construction, home improvement, and gardening sectors of Louisiana, which are important indicators of the broader state economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of businesses in this industry category across Louisiana.
Q: How is this trend used in economic policy?
A: This retail sales trend can inform decisions around fiscal, monetary, and industry-specific policies by providing insights into consumer spending and the health of key sectors of the Louisiana economy.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions common to economic indicators collected through surveys.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Louisiana (MSRSLA444), retrieved from FRED.