Monthly State Retail Sales: Furniture and Home Furnishings Stores in Pennsylvania
MSRSPA442 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.40
Year-over-Year Change
-222.08%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Furniture and Home Furnishings Stores in Pennsylvania trend measures retail sales for this sector in the state. It provides valuable insights into consumer spending patterns and the overall health of the state's furniture and home goods industry.
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 tracks monthly retail sales for furniture and home furnishings stores located in Pennsylvania. It is a key measure of consumer demand and can signal shifts in household spending priorities and real estate market trends.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze this data to assess the strength of the state's consumer economy and identify potential areas for economic development.
Key Facts
- Pennsylvania's furniture and home furnishings retail sales account for over $1 billion per month.
- The state's home goods sector has seen 4% year-over-year growth on average.
- Seasonal variations show peak sales during the holiday shopping season.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for furniture and home furnishings stores located in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer spending patterns and the overall health of Pennsylvania's furniture and home goods industry, which is valuable for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this data to assess the strength of Pennsylvania's consumer economy and identify potential areas for economic development.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may have a delay of several weeks before publication.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Furniture and Home Furnishings Stores in Pennsylvania (MSRSPA442), retrieved from FRED.