Monthly State Retail Sales: Electronics and Appliance Stores in Pennsylvania
MSRSPA443 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
93.75%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Electronics and Appliance Stores in Pennsylvania trend measures consumer spending at electronics and appliance stores across the state. This data provides valuable insights into the health of the retail sector and consumer demand.
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 for the electronics and appliance store industry in Pennsylvania. It is an important economic indicator that helps analysts and policymakers understand patterns in consumer behavior and gauge the strength of the state's economy.
Methodology
The data is collected through surveys of businesses in the electronics and appliance store industry.
Historical Context
Retail sales figures are closely monitored by economists and government agencies to inform economic policy decisions.
Key Facts
- Pennsylvania accounts for over 5% of total U.S. retail sales.
- Electronics and appliance stores make up approximately 10% of Pennsylvania's retail sector.
- Retail sales data is released with a 1-2 month delay.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Electronics and Appliance Stores in Pennsylvania trend measures monthly consumer spending at electronics and appliance retailers across the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into consumer demand and the health of Pennsylvania's retail sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses in the electronics and appliance store industry.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by economists and government agencies to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released with a 1-2 month delay, and may not capture all sales activity in the state.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Electronics and Appliance Stores in Pennsylvania (MSRSPA443), retrieved from FRED.