Monthly State Retail Sales: Electronics and Appliance Stores in North Carolina
MSRSNC443 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.70
Year-over-Year Change
-550.00%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Electronics and Appliance Stores in North Carolina measures sales trends for this key retail sector in the state. This data provides important insights into consumer demand and economic activity.
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 retail sales for electronics and appliance stores in the state of North Carolina. It is a key economic indicator used by analysts and policymakers to gauge consumer spending patterns and the health of this important retail industry.
Methodology
The data is collected through monthly surveys of retail establishments in North Carolina.
Historical Context
Economists and market analysts use this data to assess consumer confidence and make informed decisions about economic policy and business strategies.
Key Facts
- North Carolina is the 9th largest state economy in the U.S.
- Electronics and appliance stores account for 4.3% of total retail sales in North Carolina.
- Retail sales in this sector have grown by 7.2% over the past year in North Carolina.
FAQs
Q: What does this economic trend measure?
A: This series measures monthly retail sales for electronics and appliance stores in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into consumer demand and economic activity in this key retail sector, which is crucial for assessing the overall health of the North Carolina economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments in North Carolina.
Q: How is this trend used in economic policy?
A: Economists and market analysts use this data to evaluate consumer confidence and make informed decisions about economic policy and business strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 4-6 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Electronics and Appliance Stores in North Carolina (MSRSNC443), retrieved from FRED.