Monthly State Retail Sales: Miscellaneous Store Retailers in Idaho
MSRSID453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.10
Year-over-Year Change
-115.00%
Date Range
1/1/2019 - 4/1/2025
Summary
The 'Monthly State Retail Sales: Miscellaneous Store Retailers in Idaho' measures retail sales for a diverse group of retailers in the state of Idaho. This data provides valuable insights into consumer spending and economic activity at the state level.
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 economic trend tracks monthly retail sales for a variety of miscellaneous retailers in the state of Idaho, including stores selling items like gifts, sporting goods, used merchandise, and more. It offers a granular view of consumer behavior and can be used by economists and policymakers to assess regional economic conditions.
Methodology
The data is collected through monthly surveys of retail businesses in Idaho.
Historical Context
This retail sales data is closely monitored by economists, investors, and government officials to gauge the health of the Idaho economy.
Key Facts
- Idaho's miscellaneous store retailers account for over 10% of total retail sales in the state.
- Retail sales for this sector have grown by an average of 3% annually over the past 5 years.
- Sporting goods and hobby stores make up the largest share of miscellaneous store retailers in Idaho.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for a diverse group of miscellaneous store retailers in the state of Idaho, including gift shops, sporting goods stores, florists, and more.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into consumer spending patterns and the overall health of Idaho's economy at the state and regional level, which is useful 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 Idaho conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: State-level retail sales data, like this Idaho miscellaneous store metric, is closely monitored by government officials and economists to assess regional economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: This data is published with a 1-2 month lag 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: Miscellaneous Store Retailers in Idaho (MSRSID453), retrieved from FRED.