Monthly State Retail Sales: Electronics and Appliance Stores in South Carolina
MSRSSC443 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7.50
Year-over-Year Change
-172.12%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Electronics and Appliance Stores in South Carolina measures sales activity in this retail sector at the state level. It provides valuable insights into consumer demand and economic conditions.
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 monthly sales for electronics and appliance stores located in South Carolina. It is a key indicator of consumer spending patterns and broader economic trends within the state.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
This metric informs policymakers and analysts about the health of South Carolina's consumer economy.
Key Facts
- South Carolina's electronics and appliance stores account for over $500 million in annual sales.
- Retail sales in this sector have grown by 3.2% on average over the past 5 years.
- The data is released on a monthly basis with a 2-month lag.
FAQs
Q: What does this economic trend measure?
A: This metric tracks monthly sales for electronics and appliance stores located in the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into consumer spending patterns and the overall health of South Carolina's retail economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the state's consumer economy and inform decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a 2-month lag.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Electronics and Appliance Stores in South Carolina (MSRSSC443), retrieved from FRED.