Monthly State Retail Sales: Furniture and Home Furnishings Stores in Montana
MSRSMT442 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.30
Year-over-Year Change
-78.69%
Date Range
1/1/2019 - 4/1/2025
Summary
The 'Monthly State Retail Sales: Furniture and Home Furnishings Stores in Montana' series measures total retail sales for furniture and home furnishings stores in the state of Montana. This data is a key indicator of consumer spending and economic activity in this important retail 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
This series represents the total dollar value of retail sales for furniture and home furnishings stores located in the state of Montana. It is a valuable indicator for analyzing consumer demand, business investment, and economic trends in the furniture and home goods industry within the state.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor this retail sales data to gauge the health and outlook of the Montana economy.
Key Facts
- Montana furniture and home furnishings stores account for over $200 million in annual retail sales.
- Retail sales for this sector grew by 5% in Montana last year.
- Furniture and home goods stores make up about 10% of total retail sales in the state.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of retail sales for furniture and home furnishings stores located in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into consumer spending and demand in the furniture and home goods industry, which is a key sector of the Montana economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this retail sales data to gauge the health and outlook of the Montana economy, which can inform economic and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, but it provides a timely and comprehensive view of retail activity in this sector.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Furniture and Home Furnishings Stores in Montana (MSRSMT442), retrieved from FRED.