Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Louisiana
MSRSLA448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.60
Year-over-Year Change
-486.67%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Louisiana trend measures sales activity in the clothing and accessories retail industry in Louisiana. This metric is a key indicator of consumer spending and economic health in 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
This series tracks monthly retail sales for clothing and clothing accessories stores in Louisiana. It provides insights into consumer demand and spending patterns, which are important for understanding the broader economic conditions in the state.
Methodology
The data is collected through surveys of retail establishments in Louisiana.
Historical Context
Policymakers and analysts use this trend to assess the strength of consumer spending and the broader retail sector in Louisiana.
Key Facts
- Louisiana's clothing and accessories retail sales account for over $1 billion annually.
- Clothing and accessories stores make up around 10% of total retail sales in Louisiana.
- Retail sales in this sector have grown by an average of 3% per year over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for clothing and clothing accessories stores in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending patterns and the overall health of the retail sector in Louisiana, which is crucial for understanding the state's broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in Louisiana.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of consumer spending and the broader retail sector in Louisiana, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Louisiana (MSRSLA448), retrieved from FRED.