Monthly State Retail Sales: Electronics and Appliance Stores in Mississippi
MSRSMS443 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.30
Year-over-Year Change
-135.38%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Electronics and Appliance Stores in Mississippi measures sales activity for this retail sector in the state. It provides an important economic indicator for evaluating consumer demand and business trends.
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 index tracks revenues from electronics and appliance stores in Mississippi. It is a key metric for assessing the health of this industry segment and consumer purchasing patterns within the state.
Methodology
The data is collected through surveys of businesses in the electronics and appliance retail sector in Mississippi.
Historical Context
Economists and policymakers use this indicator to monitor consumer spending and business conditions.
Key Facts
- Mississippi electronics and appliance sales account for ~3% of total state retail revenue.
- The sector saw a 5% sales decline during the 2020 pandemic recession.
- Online sales now make up 20% of total electronics and appliance store revenues in Mississippi.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks monthly retail sales revenues for electronics and appliance stores located in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: The data provides valuable insights into consumer demand and spending patterns within this specific retail segment, which is useful for economists, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the electronics and appliance retail sector across Mississippi.
Q: How is this trend used in economic policy?
A: Economists and government agencies monitor this indicator to assess the health of the consumer economy and make informed policy decisions.
Q: Are there update delays or limitations?
A: The data is released with a 2-month lag, and may not capture 100% of sales activity in the state.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Electronics and Appliance Stores in Mississippi (MSRSMS443), retrieved from FRED.