Monthly State Retail Sales: Miscellaneous Store Retailers in Tennessee
MSRSTN453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.20
Year-over-Year Change
-80.09%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Miscellaneous Store Retailers in Tennessee measures sales at stores that sell a general assortment of merchandise, such as office supplies, gifts, and used merchandise. This metric provides insights into consumer spending patterns and the economic health of the retail sector in Tennessee.
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 the dollar value of retail sales at miscellaneous store retailers in Tennessee on a monthly basis. It is an important indicator of consumer demand and can be used to analyze trends in discretionary spending within the state.
Methodology
The data is collected through surveys of retail businesses and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to gauge the strength of the Tennessee economy and consumer confidence.
Key Facts
- Tennessee's miscellaneous store retailers account for over $1 billion in monthly sales.
- Retail sales at these stores have grown by 5% annually on average over the past decade.
- Miscellaneous store retailers make up approximately 15% of total retail sales in Tennessee.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales at miscellaneous store retailers in the state of Tennessee. These stores sell a diverse range of merchandise, including office supplies, gifts, and used goods.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and the overall health of the retail sector within Tennessee. It is closely monitored by policymakers and economists to gauge the strength of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess consumer confidence and discretionary spending within Tennessee, which can inform decisions related to fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a 1-2 month delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Miscellaneous Store Retailers in Tennessee (MSRSTN453), retrieved from FRED.