Monthly State Retail Sales: Food and Beverage Stores in Mississippi
MSRSMS445 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
-176.00%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Food and Beverage Stores in Mississippi tracks sales at food and beverage stores in the state. This key economic indicator provides insight into consumer spending and the overall health of Mississippi's retail sector.
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 measures the total monthly sales at food and beverage stores, including grocery stores, specialty food shops, and liquor stores, located within the state of Mississippi. It is a valuable metric for analyzing consumer demand, inflation, and regional economic trends.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this data to monitor the performance of Mississippi's retail industry and its impact on the broader state economy.
Key Facts
- Food and beverage stores account for over 20% of Mississippi's total retail sales.
- Sales at these stores have increased by an average of 3% annually over the past decade.
- The COVID-19 pandemic led to a 10% drop in Mississippi food and beverage store sales in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monthly sales at food and beverage stores, including grocery stores, specialty food shops, and liquor stores, located within the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into consumer spending and the overall health of Mississippi'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 businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor the performance of Mississippi's retail industry and its impact on the broader state economy, informing economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is released with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Food and Beverage Stores in Mississippi (MSRSMS445), retrieved from FRED.