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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