Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Utah
MSRSUTTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.10
Year-over-Year Change
-7200.00%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures total retail sales in Utah, excluding online and mail-order retailers. It provides insights into the state's overall consumer spending and economic activity.
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 Utah trend reports on the total value of retail sales transactions in the state, excluding e-commerce and catalog sales. This metric is a key indicator of consumer demand and the health of Utah's brick-and-mortar retail sector.
Methodology
The data is collected through surveys of retail businesses in Utah.
Historical Context
Policymakers and analysts use this trend to assess the strength of Utah's consumer economy and make informed decisions.
Key Facts
- Utah's total retail sales excluding nonstore retailers reached $4.3 billion in 2022.
- Retail sales in Utah have grown by an average of 5% annually over the past decade.
- The state's retail sector accounts for over 10% of its total economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail sales transactions in Utah, excluding online and mail-order retailers. It provides insights into the state's overall consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the health of Utah's brick-and-mortar retail sector and consumer demand in the state. It is widely used by policymakers, economists, and market analysts to assess 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 in Utah.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the state's consumer economy and make informed decisions about economic policies, investments, and interventions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical 1-2 month delay. The trend may not capture all retail activity, as it excludes online and mail-order sales.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Utah (MSRSUTTOTAL), retrieved from FRED.