Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in South Carolina
MSRSSCTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-47.19%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in South Carolina measures retail sales activity in the state, excluding online and mail-order sales. It provides timely insights into consumer spending and economic conditions.
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 retail sales indicator tracks the total value of in-store purchases by consumers in South Carolina, offering a key measure of the health of the state's economy. It is widely used by economists, policymakers, and businesses to assess consumer demand and inform economic forecasting and decision-making.
Methodology
The data is collected through monthly surveys of retail establishments in South Carolina.
Historical Context
This metric is closely monitored for insights into consumer confidence and the broader economic climate.
Key Facts
- South Carolina's retail sales excluding nonstore retailers totaled $6.2 billion in the most recent month.
- Retail sales in the state have increased by 4.1% over the past year.
- The retail sector accounts for over 15% of South Carolina's total economic output.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in South Carolina measures the total value of in-store retail sales transactions in the state, excluding online and mail-order purchases.
Q: Why is this trend relevant for users or analysts?
A: This retail sales metric provides timely insights into consumer spending patterns and the overall health of South Carolina's economy, making it a closely watched indicator for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments in South Carolina.
Q: How is this trend used in economic policy?
A: Retail sales figures are used by policymakers and analysts to assess consumer confidence, gauge the effectiveness of economic policies, and inform forecasts and decision-making.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately one month, and it may be subject to revisions as more complete information becomes available.
Related Trends
Gross Domestic Product: Federal Civilian in South Carolina
SCGOVFEDCIVNGSP
Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in South Carolina
SCRETAILQQGSP
Average Hourly Earnings of All Employees: Leisure and Hospitality in South Carolina
SMU45000007000000003
State Government Tax Collections, Amusements - Selective Sales Taxes in South Carolina
SCAMUSTAX
Average Weekly Earnings of Production Employees: Manufacturing in South Carolina
SMU45000003000000030
All Employees: Government: State Government Educational Services in South Carolina
SMU45000009092161101SA
Citation
U.S. Federal Reserve, Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in South Carolina (MSRSSCTOTAL), retrieved from FRED.