Monthly State Retail Sales: Sporting Good, Hobby, Musical Instrument and Book Stores in Louisiana
MSRSLA451 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
-167.69%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Sporting Good, Hobby, Musical Instrument and Book Stores in Louisiana trend measures consumer spending at retail stores in Louisiana that sell sporting goods, hobbies, musical instruments, and books. It provides insight into economic activity and consumer confidence in 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 economic indicator tracks monthly retail sales for a specific industry sector in the state of Louisiana. It is used by economists, policymakers, and businesses to analyze consumer demand, economic trends, and the health of the state's retail market.
Methodology
The data is collected through surveys of retail establishments and calculated by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding the Louisiana consumer market and can inform decisions around economic policy, business investments, and consumer behavior.
Key Facts
- Louisiana's sporting goods, hobby, musical instrument and book stores account for over $100 million in monthly retail sales.
- Retail sales in this sector have increased by 8% in Louisiana over the past year.
- Consumer spending at these stores is a leading indicator of broader economic activity in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for sporting goods, hobby, musical instrument, and book stores in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer demand and economic conditions in Louisiana, which is useful for businesses, policymakers, and economists analyzing the state's retail market and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform decisions around economic policy, business investments, and consumer behavior in Louisiana.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Sporting Good, Hobby, Musical Instrument and Book Stores in Louisiana (MSRSLA451), retrieved from FRED.