Monthly State Retail Sales: Food and Beverage Stores in Minnesota
MSRSMN445 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
-710.00%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Food and Beverage Stores in Minnesota measures consumer spending at food and beverage stores in the state. This data provides insights into the health of Minnesota's retail sector and consumer demand.
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 sales at food and beverage stores, including supermarkets, grocery stores, beer, wine, and liquor stores, in the state of Minnesota. It is a key indicator of consumer purchasing power and confidence in the local economy.
Methodology
The data is collected through surveys of retail establishments in Minnesota and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this data to assess the strength of Minnesota's consumer economy and guide decisions on fiscal and monetary policy.
Key Facts
- Minnesota's food and beverage store sales make up over 15% of the state's total retail sales.
- Retail sales at Minnesota's food and beverage stores have increased by 20% over the past 5 years.
- Consumer spending at Minnesota's food and beverage stores is a leading indicator of the state's economic health.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Food and Beverage Stores in Minnesota measures consumer spending at food and beverage stores, including supermarkets, grocery stores, and liquor stores, within the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the strength of Minnesota's consumer economy and retail sector. It is a key indicator that economists and policymakers use to assess economic conditions and consumer confidence in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in Minnesota and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to guide decisions on fiscal and monetary policy by assessing the strength of consumer spending and the overall health of Minnesota's retail sector.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical 1-2 month delay. There may be limitations in accurately capturing all retail sales, particularly at smaller establishments.
Related Trends
Unemployment Rate in Minnesota
MNUR
Real Gross Domestic Product: Transportation and Utilities (22, 48-49) in Minnesota
MNTRANSUTILRGSP
Construction Earnings in Minnesota
MNECON
Personal Consumption Expenditures: Total for Minnesota
MNPCE
Gross Domestic Product: Chemical Manufacturing (325) in Minnesota
MNCHEMMANNGSP
Gross Domestic Product: Insurance Carriers and Related Activities (524) in Minnesota
MNINSCRANGSP
Citation
U.S. Federal Reserve, Monthly State Retail Sales: Food and Beverage Stores in Minnesota (MSRSMN445), retrieved from FRED.