Monthly State Retail Sales: Miscellaneous Store Retailers in Arkansas
MSRSAR453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.80
Year-over-Year Change
-62.01%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Miscellaneous Store Retailers in Arkansas measures the monthly retail sales for a variety of specialty stores in the state. This provides valuable insights into consumer spending patterns 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 retail sales indicator tracks sales for a wide range of miscellaneous retailers in Arkansas, including secondhand stores, pet supply stores, art dealers, and other specialty establishments. The data is used by economists and policymakers to assess the state's economic health and consumer confidence.
Methodology
The data is collected through monthly surveys of retail businesses in Arkansas.
Historical Context
This retail sales metric is a key indicator of consumer demand and can inform fiscal and monetary policy decisions.
Key Facts
- Arkansas has over 10,000 miscellaneous retail stores.
- Retail sales make up 40% of Arkansas's gross state product.
- Miscellaneous store sales grew 5.2% in Arkansas last year.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks monthly retail sales for a variety of specialty stores in Arkansas, including secondhand shops, pet supply stores, art dealers, and other miscellaneous retailers.
Q: Why is this trend relevant for users or analysts?
A: The miscellaneous retail sales data provides valuable insights into consumer spending patterns and economic activity in Arkansas, which is important for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses in Arkansas.
Q: How is this trend used in economic policy?
A: This retail sales metric is a key indicator of consumer demand and can inform fiscal and monetary policy decisions at the state and federal level.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short 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: Miscellaneous Store Retailers in Arkansas (MSRSAR453), retrieved from FRED.