Monthly State Retail Sales: Food and Beverage Stores in Colorado
MSRSCO445 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-24.24%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Food and Beverage Stores in Colorado measures sales at food and beverage stores in Colorado. This metric provides insights into consumer spending and demand for food and related products within the state.
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
The Monthly State Retail Sales: Food and Beverage Stores in Colorado is a key economic indicator that tracks the value of retail sales at food and beverage stores across the state. It is used by economists and policymakers to analyze trends in consumer behavior and the overall health of Colorado's food and beverage retail sector.
Methodology
The data is collected through monthly surveys of retail establishments in Colorado.
Historical Context
This economic trend is closely watched by businesses, investors, and policymakers to understand the state of consumer demand and spending patterns in Colorado.
Key Facts
- Colorado's food and beverage store sales account for over 20% of total retail sales in the state.
- Retail sales at food and beverage stores in Colorado have grown by an average of 3% annually over the past decade.
- The COVID-19 pandemic led to a 5% decline in Colorado's food and beverage store sales in 2020.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Food and Beverage Stores in Colorado measures the total value of retail sales at food and beverage stores within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending patterns and the health of Colorado's food and beverage retail sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments in Colorado.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor consumer demand, assess the impact of economic policies, and make informed decisions about supporting the food and beverage industry in Colorado.
Q: Are there update delays or limitations?
A: The data is released with a 1-2 month lag, and may be subject to revisions as more complete information becomes available.
Related Trends
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Colorado
COPCEGONPI
Per Capita Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for Colorado
COPCEPCONDURG
Average Weekly Earnings of Production Employees: Manufacturing: Non-Durable Goods in Colorado
SMU08000003200000030
Real Gross Domestic Product: Wholesale Trade (42) in Colorado
COWHOLERGSP
Average Weekly Hours of All Employees: Other Services in Colorado
SMU08000008000000002A
Number of Identified Exporters to Ireland from Colorado
COIRLA475SCEN
Citation
U.S. Federal Reserve, Monthly State Retail Sales: Food and Beverage Stores in Colorado (MSRSCO445), retrieved from FRED.