Monthly State Retail Sales: General Merchandise Stores in Utah
MSRSUT452 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.90
Year-over-Year Change
-175.38%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: General Merchandise Stores in Utah tracks consumer spending at general merchandise stores across the state. This metric is an important indicator of Utah's economic health and consumer confidence.
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 measures the total monthly sales at general merchandise stores, such as department stores and discount retailers, located in the state of Utah. It is a key component of overall retail activity and provides insights into consumer spending patterns and trends in the Utah economy.
Methodology
The data is collected through surveys of retail establishments and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the strength of Utah's consumer sector and make informed decisions about economic policies and market strategies.
Key Facts
- Utah's general merchandise store sales account for over 25% of the state's total retail activity.
- The trend has shown steady growth over the past decade, reflecting Utah's robust consumer market.
- Sales at general merchandise stores in Utah typically peak during the holiday shopping season.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monthly sales at general merchandise stores, such as department stores and discount retailers, located in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of Utah's economic health and consumer confidence, providing insights into spending patterns and trends in the state's retail sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of Utah's consumer sector and make informed decisions about economic policies and market strategies.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: General Merchandise Stores in Utah (MSRSUT452), retrieved from FRED.