Monthly State Retail Sales: Miscellaneous Store Retailers in Louisiana
MSRSLA453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.10
Year-over-Year Change
-186.17%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Miscellaneous Store Retailers in Louisiana measure retail sales for a diverse range of businesses in the state, providing insight into consumer spending patterns.
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 indicator tracks monthly retail sales for miscellaneous store retailers in Louisiana, which includes a wide variety of establishments such as florists, office supply stores, and pet supply shops. The data is used by economists and policymakers to understand trends in consumer behavior and the health of the state's retail sector.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored for their implications on the broader economy and can inform decision-making for businesses and policymakers.
Key Facts
- Louisiana's miscellaneous store retailers make up a significant portion of the state's retail sector.
- Retail sales data can signal changes in consumer confidence and spending patterns.
- Monitoring this trend helps assess the overall health of Louisiana's economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks monthly retail sales for a diverse range of miscellaneous store retailers in the state of Louisiana, including businesses like florists, office supply stores, and pet supply shops.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data provides valuable insights into consumer spending patterns and the overall health of the state's economy, which is important for businesses, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored for their implications on the broader economy and can inform decision-making for businesses and policymakers.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in reporting or limitations in coverage that users should be aware of.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Miscellaneous Store Retailers in Louisiana (MSRSLA453), retrieved from FRED.