Monthly State Retail Sales: Electronics and Appliance Stores in Utah
MSRSUT443 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-64.10%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Electronics and Appliance Stores in Utah trend measures consumer spending at electronics and appliance stores across the state. This data provides insight into Utah's consumer demand and economic activity in this 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
This series tracks monthly retail sales for electronics and appliance stores in the state of Utah. It is a key indicator of consumer spending and confidence, as well as broader economic conditions in Utah's retail market.
Methodology
The data is collected through surveys of retail establishments in Utah and calculated by the U.S. Census Bureau.
Historical Context
This economic indicator is used by policymakers, analysts, and businesses to assess Utah's consumer trends and make informed decisions.
Key Facts
- Utah's electronics and appliance store sales reached $218 million in June 2022.
- This sector accounts for approximately 3.5% of Utah's total retail sales.
- Sales have grown by 8.2% in Utah over the past year.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for electronics and appliance stores located in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer spending patterns and economic conditions in Utah's retail sector, which is valuable for policymakers, businesses, and economists analyzing the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in Utah and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, analysts, and businesses to assess consumer trends and make informed decisions about economic conditions and policies in Utah.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical 1-2 month delay between the reference period and public release.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Electronics and Appliance Stores in Utah (MSRSUT443), retrieved from FRED.