Monthly State Retail Sales: Electronics and Appliance Stores in Ohio
MSRSOH443 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-86.21%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures retail sales at electronics and appliance stores in the state of Ohio. It provides valuable insights into consumer spending and demand for these products.
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: Electronics and Appliance Stores in Ohio data series tracks the total sales at electronics and appliance stores located within the state. It serves as an important indicator of consumer behavior and economic conditions in Ohio.
Methodology
The data is collected through monthly surveys of retail businesses in Ohio.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to gauge consumer confidence and spending patterns.
Key Facts
- Ohio is the 7th largest state economy in the U.S.
- Electronics and appliance stores account for over 10% of Ohio's retail sales.
- Consumer spending on these products is a key driver of economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total retail sales at electronics and appliance stores located within the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer spending and demand for electronics and appliances, which are important indicators of economic conditions in Ohio.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses in Ohio.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts closely monitor this trend to gauge consumer confidence and spending patterns, which inform economic decision-making.
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 month.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Electronics and Appliance Stores in Ohio (MSRSOH443), retrieved from FRED.