Monthly State Retail Sales: Miscellaneous Store Retailers in Virginia
MSRSVA453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.40
Year-over-Year Change
-81.82%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Miscellaneous Store Retailers in Virginia measures the total sales revenue for a specific retail sector in the state of Virginia. This metric is an important indicator of consumer spending and economic activity in the region.
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 total monthly sales for a diverse group of retailers in Virginia, including stores selling a range of general merchandise, specialty items, and other miscellaneous goods. The data is used by economists and policymakers to assess the strength of the state's consumer economy.
Methodology
The data is collected through surveys of retail establishments in Virginia and compiled by the U.S. Census Bureau.
Historical Context
This retail sales metric provides insights into consumer demand and spending patterns that inform economic decision-making.
Key Facts
- Virginia's miscellaneous store retailers generate over $2 billion in monthly sales.
- Retail sales growth in this sector has outpaced the national average in recent years.
- The data is released with a 1-2 month lag by the Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monthly sales revenue for a diverse group of retailers in Virginia, including stores selling general merchandise, specialty items, and other miscellaneous goods.
Q: Why is this trend relevant for users or analysts?
A: This retail sales data provides important insights into consumer spending patterns and the overall strength of Virginia's economy, which is valuable information for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in Virginia and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The monthly retail sales figures help inform economic decision-making by providing real-time data on consumer demand and spending, which are key drivers of overall economic activity.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month lag in the release of this data by the Census Bureau.
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SMU51000005500000011
Citation
U.S. Federal Reserve, Monthly State Retail Sales: Miscellaneous Store Retailers in Virginia (MSRSVA453), retrieved from FRED.