Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Utah
MSRSUT448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.50
Year-over-Year Change
-179.27%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Utah trend measures sales activity in the clothing and accessories retail sector within the state of Utah. This metric is a key indicator of consumer spending and economic conditions in the region.
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 retail sales for clothing and clothing accessory stores located in Utah. It provides insights into consumer demand, business revenue, and broader economic trends within the state's retail landscape. Analysts and policymakers use this data to understand the health of Utah's consumer-driven sectors.
Methodology
The data is collected through surveys of Utah retail establishments by the U.S. Census Bureau.
Historical Context
This economic indicator is widely referenced by economists, investors, and state officials to assess Utah's economic performance and consumer trends.
Key Facts
- Utah's clothing and accessories retail sales topped $450 million in the latest month.
- Clothing store sales account for over 60% of total retail activity in this sector.
- Sales have grown by an average of 5% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for clothing and clothing accessory stores located in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into consumer spending patterns and the health of Utah's retail sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Utah retail establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and investors closely monitor this indicator to assess the strength of Utah's consumer-driven economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released with a 1-2 month lag, and may be subject to minor revisions over time as more complete information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Utah (MSRSUT448), retrieved from FRED.