Monthly State Retail Sales: Electronics and Appliance Stores in Minnesota
MSRSMN443 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.40
Year-over-Year Change
-75.86%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Electronics and Appliance Stores in Minnesota trend measures the monthly change in retail sales at electronics and appliance stores located in Minnesota. This data provides insight into consumer spending patterns in the state's electronics and appliances sector.
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 monthly retail sales indicator tracks the dollar value of sales at Minnesota's electronics and appliance stores. It is a key statistic used by economists and policymakers to analyze consumer demand and overall economic activity within the state.
Methodology
The data is collected through monthly surveys of retailers in Minnesota.
Historical Context
Retail sales trends are closely monitored by government agencies and private analysts to assess the health of consumer markets.
Key Facts
- Minnesota's electronics and appliance stores account for over $500 million in monthly retail sales.
- Retail sales at these stores have increased by 8% over the past year.
- Consumer spending on electronics and appliances makes up approximately 10% of total retail activity in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly change in retail sales at electronics and appliance stores located in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into consumer demand and spending patterns within Minnesota's electronics and appliances sector, which is a key component of the state's overall retail economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retailers in Minnesota.
Q: How is this trend used in economic policy?
A: Retail sales trends are closely monitored by government agencies and private analysts to assess the health of consumer markets and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in the most recent figures.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Electronics and Appliance Stores in Minnesota (MSRSMN443), retrieved from FRED.