Economists' Outlook

Housing stats and analysis from NAR's research experts.

Monthly State Retail Sales, January 2019 to May 2021

Utilizing a composite model, the U.S. Census Bureau has released a new experimental Monthly State Retail Sales (MSRS) data product that combines monthly retail trade survey data, administrative data, and third-party data that features modeled state-level retail sales.

The MSRS represents year-over-year percent changes for each state and the District of Columbia for total retail sales with the exclusion of nonstore retailers as well as 11 North American Industry Classification System (NAICS) retail subsectors back to January 2019 and provides data by state and NAICS code. State-level data is not adjusted for seasonal variation, trading-day differences, moving holidays or price changes.