Retail Sales: Floor Covering Stores
MRTSSM44221USN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,463.00
Year-over-Year Change
0.62%
Date Range
1/1/1992 - 2/1/2017
Summary
The Retail Sales: Floor Covering Stores trend measures monthly sales at stores that sell carpets, rugs, and other floor coverings. It is an important indicator of consumer demand and spending in the housing and home improvement sectors.
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 total sales revenue generated by floor covering retail stores in the United States. It is a key metric for evaluating the health and performance of the flooring industry, which is closely tied to broader trends in residential and commercial real estate.
Methodology
The data is collected through monthly surveys of a sample of floor covering retailers across the country.
Historical Context
Retail sales figures are closely monitored by economists, policymakers, and market analysts to assess the overall state of consumer spending and economic activity.
Key Facts
- Floor covering stores account for around 2% of total U.S. retail sales.
- Sales at floor covering stores tend to fluctuate with housing market cycles.
- Flooring is a major expense for both residential and commercial construction projects.
FAQs
Q: What does this economic trend measure?
A: The Retail Sales: Floor Covering Stores trend measures monthly sales revenue at stores that specialize in selling carpets, rugs, and other types of floor coverings.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and spending in the housing and home improvement sectors, which are important drivers of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of floor covering retailers across the United States.
Q: How is this trend used in economic policy?
A: Retail sales figures, including those for floor covering stores, are closely monitored by economists and policymakers to assess the strength of consumer spending and the overall health of the economy.
Q: Are there update delays or limitations?
A: The Retail Sales: Floor Covering Stores data is published monthly by the U.S. Census Bureau, with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Retail Sales: Floor Covering Stores (MRTSSM44221USN), retrieved from FRED.