Monthly State Retail Sales: Gasoline Stations in Virginia
MSRSVA447 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.10
Year-over-Year Change
-550.00%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Gasoline Stations in Virginia trend measures retail sales at gasoline stations in the state of Virginia. This metric is a key indicator of consumer spending and economic activity 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 the monthly retail sales of gasoline stations in the state of Virginia. It provides insights into consumer demand, fuel prices, and broader economic conditions in the state. Economists and policymakers monitor this trend to assess the health of Virginia's economy and consumer sector.
Methodology
The data is collected through surveys of retail businesses in Virginia and calculated by the U.S. Census Bureau.
Historical Context
The Monthly State Retail Sales: Gasoline Stations in Virginia trend is used to inform economic policy decisions and market analysis.
Key Facts
- Virginia is the 12th most populous state in the U.S.
- Gasoline stations account for a significant portion of retail sales in Virginia.
- Retail sales at Virginia gasoline stations have fluctuated with changes in fuel prices and consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Gasoline Stations in Virginia trend measures the monthly retail sales of gasoline stations located in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending, fuel prices, and the broader economic conditions in Virginia, making it a valuable indicator for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses in Virginia and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Monthly State Retail Sales: Gasoline Stations in Virginia trend is used to inform economic policy decisions and market analysis at the state and regional level.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Gasoline Stations in Virginia (MSRSVA447), retrieved from FRED.