Monthly State Retail Sales: Sporting Good, Hobby, Musical Instrument and Book Stores in the United States
This dataset tracks monthly state retail sales: sporting good, hobby, musical instrument and book stores in the united states over time.
Latest Value
1.40
Year-over-Year Change
-118.92%
Date Range
1/1/2019 - 4/1/2025
Summary
This trend measures monthly retail sales for sporting goods, hobby, musical instrument, and book stores across the United States. It provides important insights into consumer spending patterns and the health of these specialty retail 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
The Monthly State Retail Sales: Sporting Good, Hobby, Musical Instrument and Book Stores in the United States series tracks monthly sales volumes for this specific retail category. It is a key economic indicator used by policymakers, analysts, and businesses to gauge consumer demand and the overall strength of the specialty retail market.
Methodology
The data is collected through monthly surveys of U.S. retail establishments.
Historical Context
This economic indicator is widely followed by investors, economists, and policymakers to assess the state of consumer spending and the broader retail industry.
Key Facts
- Retail sales in this category account for over $100 billion annually in the U.S.
- Sales volumes tend to peak in the fourth quarter due to holiday shopping.
- This sector is sensitive to changes in consumer confidence and discretionary income.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for sporting goods, hobby, musical instrument, and book stores in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into consumer spending patterns and the health of these specialty retail sectors, which are closely watched by policymakers, investors, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. retail establishments.
Q: How is this trend used in economic policy?
A: This economic indicator is widely followed by investors, economists, and policymakers to assess the state of consumer spending and the broader retail industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, allowing for timely analysis of consumer spending trends.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Sporting Good, Hobby, Musical Instrument and Book Stores in the United States (MSRSUSA451), retrieved from FRED.