Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Wisconsin
MSRSWI441 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.40
Year-over-Year Change
82.61%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Wisconsin measures sales at motor vehicle and parts dealers in the state, providing insight into consumer demand and economic activity.
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 economic indicator tracks monthly sales at motor vehicle and parts dealers in Wisconsin, a key sector of the state's retail industry. It is used by analysts and policymakers to assess consumer spending patterns and the overall health of the state's economy.
Methodology
The data is collected through surveys of motor vehicle and parts dealers in Wisconsin.
Historical Context
Trends in motor vehicle sales are closely watched as an indicator of consumer confidence and spending.
Key Facts
- Wisconsin's motor vehicle and parts dealers generate over $20 billion in annual sales.
- Motor vehicle sales account for nearly 25% of total retail activity in the state.
- This indicator is released monthly, providing timely data on consumer spending trends.
FAQs
Q: What does this economic trend measure?
A: This indicator measures monthly sales at motor vehicle and parts dealers in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Motor vehicle sales are a key component of overall consumer spending and an important indicator of economic health and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through surveys of motor vehicle and parts dealers in Wisconsin.
Q: How is this trend used in economic policy?
A: Trends in motor vehicle sales are closely watched by economists and policymakers as an indicator of consumer spending and overall economic activity.
Q: Are there update delays or limitations?
A: This indicator is released monthly, providing timely data on consumer spending trends in Wisconsin.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Wisconsin (MSRSWI441), retrieved from FRED.