Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Mississippi
MSRSMSTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.90
Year-over-Year Change
84.38%
Date Range
1/1/2019 - 4/1/2025
Summary
The 'Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Mississippi' series measures the total retail sales in Mississippi, excluding online and mail-order sales. This key economic indicator provides insights into consumer spending trends and the overall health of the state's retail 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 retail sales data tracks the monthly revenue from in-person sales at physical retail establishments in Mississippi, such as brick-and-mortar stores, restaurants, and service providers. It excludes sales from non-store retailers like e-commerce platforms and catalog companies. The data is a valuable input for analyzing the state's economic performance and consumer confidence.
Methodology
The U.S. Census Bureau collects and publishes this data monthly based on survey responses from retailers in Mississippi.
Historical Context
Economists and policymakers use this retail sales data to monitor consumer spending patterns and forecast economic trends in Mississippi.
Key Facts
- Mississippi's retail sales excluding nonstore retailers totaled $3.9 billion in January 2023.
- Retail sales in Mississippi have grown by an average of 2.5% annually over the past 5 years.
- The state's retail sector accounts for over 15% of its total economic output.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Mississippi' series measures the total sales revenue from in-person retail transactions in the state, excluding online and mail-order sales.
Q: Why is this trend relevant for users or analysts?
A: This retail sales data provides valuable insights into consumer spending patterns and the overall health of Mississippi's economy. It is a key indicator used by economists, policymakers, and businesses to monitor economic performance and consumer confidence.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data monthly through surveys of retail establishments in Mississippi.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this retail sales data to assess consumer spending trends, forecast economic growth, and inform policy decisions that impact the state's commercial and business environment.
Q: Are there update delays or limitations?
A: The retail sales data is published by the U.S. Census Bureau with a 1-2 month delay. There may also be revisions to previously reported figures as more complete data becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Mississippi (MSRSMSTOTAL), retrieved from FRED.