Skip to main content

Table 9 Correlations between state-level retail sales estimates and QCEW estimates

From: Using electronic transaction data to add geographic granularity to official estimates of retail sales

Industry

Number of large states with a QCEW series

Median state correlation

QCEW and MRTS national correlation

444

13

0.89

0.93

445

14

0.32

0.82

447

9

0.43

− 0.58

448

13

0.67

0.67

722

15

0.75

0.93