Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in North Carolina
MSRSNC444 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.30
Year-over-Year Change
-69.77%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in North Carolina tracks retail sales for this key economic sector in the state.
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 economic indicator measures the monthly revenue and sales volume for building material, garden equipment, and supplies dealers in North Carolina. It provides insight into consumer demand and spending patterns in this important retail segment.
Methodology
The data is collected through surveys of retail establishments in North Carolina.
Historical Context
Policymakers and analysts use this metric to gauge the health of the construction and home improvement industries in the state.
Key Facts
- North Carolina is the 9th largest state economy in the U.S.
- Building material and garden supply stores make up over 20% of total retail sales in the state.
- This sector experienced double-digit growth in 2021 as home renovation boomed.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks monthly retail sales for building material, garden equipment, and supplies dealers in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and spending patterns in the construction and home improvement industries, which are key drivers of economic activity in North Carolina.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in North Carolina.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the health of the construction and home improvement sectors in the state, which informs decisions around economic development, tax policy, and other areas.
Q: Are there update delays or limitations?
A: This data is released on a monthly basis, with a lag of several weeks. There may also be revisions to prior months' figures as more complete information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in North Carolina (MSRSNC444), retrieved from FRED.