Monthly State Retail Sales: Gasoline Stations in Ohio
MSRSOH447 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.50
Year-over-Year Change
-1044.44%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Gasoline Stations in Ohio trend measures the retail sales of gasoline stations in the state of Ohio. This metric is a key indicator of consumer demand and economic activity in the state's fuel and transportation sectors.
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 the total monthly retail sales for gasoline stations located in Ohio. It is used by economists, policymakers, and industry analysts to monitor trends in consumer spending, fuel consumption, and the broader state economy.
Methodology
The data is collected through surveys of retail establishments by the U.S. Census Bureau.
Historical Context
This economic indicator provides important insights into Ohio's energy and transportation markets.
Key Facts
- Ohio is the 7th largest state by population in the U.S.
- Gasoline sales account for over 60% of total retail sales in Ohio.
- This metric is released on a monthly basis by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Gasoline Stations in Ohio trend measures the total monthly retail sales for gasoline stations located in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer demand and economic activity in Ohio's fuel and transportation sectors, providing important insights for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This economic indicator is used to monitor trends in consumer spending, fuel consumption, and the broader state economy, informing policy decisions related to energy, transportation, and economic development in Ohio.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis by the U.S. Census Bureau, with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Gasoline Stations in Ohio (MSRSOH447), retrieved from FRED.