All Employees: Financial Activities in Illinois
Monthly, Not Seasonally Adjusted
ILFIREN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
403.30
Year-over-Year Change
0.88%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Not Seasonally Adjusted economic trend measures retail sales activity in Illinois, providing insights into regional consumer spending and economic conditions.
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 index tracks the monthly change in retail sales in Illinois, offering a window into consumer demand and the overall health of the state's economy. It is a valuable indicator for businesses, policymakers, and economists seeking to understand regional economic trends.
Methodology
The data is collected through surveys of retail establishments in Illinois.
Historical Context
This trend is used to gauge the strength of Illinois' consumer-driven economy and inform policy decisions.
Key Facts
- Illinois is the 5th largest state economy in the U.S.
- Retail sales account for over 40% of Illinois' GDP.
- The state's economy has shown resilience during economic downturns.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted trend measures the monthly change in retail sales activity in the state of Illinois, providing insights into consumer spending and economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is a valuable indicator for understanding the strength of Illinois' consumer-driven economy and can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in Illinois.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to gauge the strength of Illinois' consumer sector and inform decisions related to economic development, taxation, and other policy areas.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical delay of 2-3 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (ILFIREN), retrieved from FRED.