Monthly State Retail Sales: Miscellaneous Store Retailers in Minnesota
MSRSMN453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.20
Year-over-Year Change
-101.65%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Miscellaneous Store Retailers in Minnesota trend measures retail sales activity for a diverse range of retailers in the state. This data provides valuable insights into consumer spending patterns and economic conditions in Minnesota.
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 tracks total monthly retail sales for miscellaneous store retailers, which includes a wide variety of establishments like florists, office supply stores, and used merchandise stores. It is an important economic indicator used by policymakers and analysts to monitor consumer demand and business performance in Minnesota.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely follow this trend to assess the health of Minnesota's consumer-driven economy.
Key Facts
- Minnesota is the 22nd largest state by population.
- Miscellaneous store retailers account for over 10% of total retail sales in Minnesota.
- This data series has been published monthly since 1992.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for a diverse group of miscellaneous store retailers in the state of Minnesota, including florists, office supply stores, and used merchandise shops.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into consumer spending patterns and the overall health of Minnesota's retail sector, which is an important 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 conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the strength of consumer demand and make informed decisions about economic policy in Minnesota.
Q: Are there update delays or limitations?
A: This data series is published monthly with a typical delay of 4-6 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Miscellaneous Store Retailers in Minnesota (MSRSMN453), retrieved from FRED.