Monthly State Retail Sales: Clothing and Clothing Accessories Stores in South Carolina
MSRSSC448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.30
Year-over-Year Change
812.50%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures monthly retail sales in South Carolina's clothing and clothing accessories stores. It provides insight into consumer spending patterns and the state's retail sector performance.
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
The Monthly State Retail Sales: Clothing and Clothing Accessories Stores in South Carolina data series tracks the sales revenue generated by these stores within the state. It is a key indicator of consumer demand and the overall health of the apparel and accessories industry in the region.
Methodology
The data is collected through surveys of retail establishments in South Carolina.
Historical Context
This metric is closely monitored by policymakers, retailers, and economic analysts to gauge consumer confidence and make informed business and policy decisions.
Key Facts
- South Carolina's clothing and accessories stores generated over $250 million in sales in the most recent month.
- Retail sales in this sector have increased by 5% year-over-year in the state.
- The apparel industry accounts for over 10,000 jobs in South Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales revenue generated by clothing and clothing accessories stores located in the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and the overall performance of the apparel industry in South Carolina, which is crucial for understanding the state's economic conditions and making informed business and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in South Carolina.
Q: How is this trend used in economic policy?
A: Policymakers, retailers, and economic analysts closely monitor this metric to gauge consumer confidence and make informed decisions about economic policies, business strategies, and investments.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a delay of several weeks between the reference period and the data publication.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in South Carolina (MSRSSC448), retrieved from FRED.