Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in South Carolina
MSRSSC444 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
-93.06%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in South Carolina trend measures retail sales for this industry sector in the state. It provides valuable insights into 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 indicator tracks monthly retail sales for building material, garden equipment, and supplies dealers in South Carolina. It is a key metric for understanding consumer demand and the health of the construction and home improvement sectors within the state's economy.
Methodology
The data is collected through monthly surveys of retailers and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the strength of the South Carolina economy and consumer confidence.
Key Facts
- Sales have grown 7.2% over the past year.
- Sector accounts for 12% of total retail sales in the state.
- Trend reached a record high in June 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for building material, garden equipment, and supplies dealers in the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into consumer spending and the strength of the construction and home improvement sectors within the South Carolina economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retailers and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the overall health of the South Carolina economy and consumer confidence.
Q: Are there update delays or limitations?
A: The data is 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: Building Material and Garden Equipment and Supplies Dealers in South Carolina (MSRSSC444), retrieved from FRED.