Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Mississippi
MSRSMS444 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.40
Year-over-Year Change
-151.85%
Date Range
1/1/2019 - 4/1/2025
Summary
This trend measures monthly retail sales for building material and garden equipment and supplies dealers in the state of Mississippi. It provides insights into consumer spending and economic activity in this key 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
The Monthly State Retail Sales data tracks sales at building material and garden equipment and supplies dealers across the United States. This metric is used by economists and policymakers to assess the health of the construction, home improvement, and landscaping industries within individual states.
Methodology
The data is collected through surveys of retail establishments by the U.S. Census Bureau.
Historical Context
This trend offers timely insights into consumer demand and business conditions in Mississippi's construction and home improvement markets.
Key Facts
- Mississippi's building material and garden equipment retail sales totaled $314 million in 2022.
- This sector accounts for 12% of total retail sales in the state.
- Sales have grown by 7% year-over-year on average over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for building material and garden equipment and supplies dealers in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending and economic activity in Mississippi's construction, home improvement, and landscaping industries, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of Mississippi's construction and home improvement markets, which can inform decisions related to economic development, housing, and infrastructure.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 6-week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Mississippi (MSRSMS444), retrieved from FRED.