Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Tennessee
MSRSTNTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.50
Year-over-Year Change
1.85%
Date Range
1/1/2019 - 4/1/2025
Summary
This data series measures the total retail sales, excluding nonstore retailers, in the state of Tennessee on a monthly basis. It provides valuable insights into the overall health and trends of the Tennessee retail sector.
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
The Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Tennessee data series tracks the total dollar value of retail sales transactions, excluding online and mail-order retailers, within the state of Tennessee. This metric is a key indicator of consumer spending and economic activity in the region.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of retail establishments.
Historical Context
This metric is widely used by economists, policymakers, and market analysts to assess the performance of the Tennessee retail industry and make informed decisions.
Key Facts
- Tennessee's retail sales excluding nonstore retailers totaled $5.2 billion in January 2023.
- Retail sales in Tennessee have increased by 3.7% year-over-year as of the latest data.
- The state's retail sector accounts for approximately 20% of its overall economic activity.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total retail sales, excluding online and mail-order retailers, in the state of Tennessee on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the overall health and performance of the Tennessee 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 and calculated by the U.S. Census Bureau through surveys of retail establishments within the state of Tennessee.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the strength of consumer spending, monitor the retail industry's contribution to the state's economy, and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 2-month delay between the end of the reference period and the publication of the data.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Tennessee (MSRSTNTOTAL), retrieved from FRED.