Monthly State Retail Sales: Gasoline Stations in North Carolina
MSRSNC447 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-9.50
Year-over-Year Change
-693.75%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Gasoline Stations in North Carolina measures retail sales at gasoline stations in the state. This metric is an important indicator of consumer spending 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 of gasoline and other automotive fuels from gasoline stations in North Carolina. Economists and policymakers use this data to gauge consumer demand, inflation, and the overall health of the state's economy.
Methodology
The data is collected through monthly surveys of retail businesses in North Carolina.
Historical Context
This indicator provides insights into consumer behavior and market trends that can inform economic policy decisions.
Key Facts
- North Carolina is the 9th largest state economy in the U.S.
- Gasoline stations account for over 15% of total retail sales in the state.
- Retail sales at North Carolina gasoline stations reached a record high in 2022.
FAQs
Q: What does this economic trend measure?
A: This series measures monthly retail sales at gasoline stations in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending and the overall health of North Carolina's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses in North Carolina.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to gauge consumer demand, inflation, and economic conditions in North Carolina.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month lag, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Gasoline Stations in North Carolina (MSRSNC447), retrieved from FRED.