Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in North Dakota
MSRSNDTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
17.31%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures total retail sales in North Dakota, excluding sales from nonstore retailers like e-commerce. It provides insight into the overall health and consumer spending patterns of the North Dakota economy.
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: Total Retail Sales Excluding Nonstore Retailers in North Dakota series tracks the total value of retail transactions in the state, excluding sales from non-traditional retail channels. This metric is a key indicator of consumer demand and economic activity in North Dakota.
Methodology
The data is collected through monthly surveys of North Dakota retailers.
Historical Context
This trend is closely monitored by policymakers, analysts, and businesses to understand consumer behavior and plan economic strategies.
Key Facts
- North Dakota's total retail sales excluding nonstore retailers reached $1.4 billion in the latest month.
- Retail sales have grown by 5% year-over-year in North Dakota.
- Nonstore retailers account for 20% of total retail sales in North Dakota.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail sales in North Dakota, excluding sales from non-traditional retail channels like e-commerce.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer spending patterns and the overall health of the North Dakota economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of North Dakota retailers.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and businesses closely monitor this trend to understand consumer behavior and plan economic strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in North Dakota (MSRSNDTOTAL), retrieved from FRED.