Econometrics:  Measuring Consumer Behavior

ECONOMETRICS DATASETS:    Spending   Retail   Services   Income   Work   Housing

DATA ANALYTICS:      Econometrics      Identitate      Culturescape      Geodemographics


Overview of Retail Potential Data

Retailology data provides current year customer purchasing for more than 500 individual products. By applying sophisticated “big data” analytics to the annual Consumer Expenditure Survey (CEX) produced by the Bureau of Labor Statistics, the Retailology dataset delivers reliable estimates of household purchases. Our documentation gives additional data about the Retailology dataset together with a methodological summary.
The dataset has been grouped by NAICS Retail Trade categories with 11 categories, 43 groups, 129 subgroups and 524 individual variables. For each of these variables, the dataset includes three complete sets of information for all 707 variables.

 

Current
Averages

The annual average expenditure for each household in the geographic area is provided for each variable, subgroup, group and category. The variable ID for the averages includes the variable ID plus the letters “VR” appended to it.

Current
Aggregates

The annual aggregate expenditure of all households in the geographic area is provided for each variable, subgroup, group and category. The variable ID for the averages includes the variable ID plus the letters “GR” appended to it.

Current
Per Capita

The annual per capita expenditure for each person in the geographic area is provided for each variable, subgroup, group and category. The variable ID for the averages includes the variable ID plus the letters “CR” appended to it.   

Retailology Variables by NAICS Retail Trade Categories

The Retailology variables span across these 12 retail-oriented categories:
(All of the definitions below are taken from the NAICS 2012 documentation.) 

 

cardealercirclemaker150.png

MOTOR VEHICLE AND PARTS DEALERS

Industries in the Motor Vehicle and Parts Dealers subsector retail motor vehicles and parts from fixed point-of-sale locations. Establishments in this subsector typically operate from a showroom and/or an open lot where the vehicles are on display. The display of vehicles and the related parts require little by way of display equipment. The personnel generally include both the sales and sales support staff familiar with the requirements for registering and financing a vehicle as well as a staff of parts experts and mechanics trained to provide repair and maintenance services for the vehicles. Specific industries have been included in this subsector to identify the type of vehicle being retailed.  

 

furniturecirclemaker150.pngFURNITURE & HOME FURNISHING STORES

Industries in the Furniture and Home Furnishings Stores subsector retail new furniture and home furnishings from fixed point-of-sale locations. Establishments in this subsector usually operate from showrooms and have substantial areas for the presentation of their products. Many offer interior decorating services in addition to the sale of products.  

 

appliancecirclemaker150.pngELECTRONICS & APPLIANCE STORES

Industries in the Electronics and Appliance Stores subsector retail new electronics and appliances from point-of-sale locations. Establishments in this subsector often operate from locations that have special provisions for floor displays requiring special electrical capacity to accommodate the proper demonstration of the products. The staff includes sales personnel knowledgeable in the characteristics and warranties of the line of goods retailed and may also include trained repair persons to handle the maintenance and repair of the electronic equipment and appliances. The classifications within this subsector are made principally on the type of product and knowledge required to operate each type of store.  

 

paintcirclemaker150.pngBUILDING MATERIAL & GARDEN EQUIPMENT AND SUPPLIES DEALERS

Industries in the Building Material and Garden Equipment and Supplies Dealers subsector retail new building material and garden equipment and supplies from fixed point-of-sale locations. Establishments in this subsector have display equipment designed to handle lumber and related products and garden equipment and supplies that may be kept either indoors or outdoors under covered areas. The staff is usually knowledgeable in the use of the specific products being retailed in the construction, repair, and maintenance of the home and associated grounds. 

 

grocerycirclemaker150.pngFOOD AND BEVERAGE STORES

Industries in the Food and Beverage Stores subsector usually retail food and beverage merchandise from fixed point-of-sale locations. Establishments in this subsector have special equipment (e.g., freezers, refrigerated display cases, refrigerators) for displaying food and beverage goods. They have staff trained in the processing of food products to guarantee the proper storage and sanitary conditions required by regulatory authority. 


drugstoreirclemaker150.pngHEALTH & PERSONAL CARE STORES

Industries in the Health and Personal Care Stores subsector retail health and personal care merchandise from fixed point-of-sale locations. Establishments in this subsector are characterized principally by the products they retail, and some health and personal care stores may have specialized staff trained in dealing with the products. Staff may include pharmacists, opticians, and other professionals engaged in retailing, advising customers, and/or fitting the product sold to the customer's needs. 

 

gasstationcirclemaker150.pngGASOLINE STATIONS

Industries in the Gasoline Stations subsector retail automotive fuels (e.g., gasoline, diesel fuel, gasohol, alternative fuels) and automotive oils or retail these products in combination with convenience store items. These establishments have specialized equipment for the storage and dispensing of automotive fuels. 
 

 

clothingcirclemaker150.pngCLOTHING & CLOTHING ACCESSORIES STORES

Industries in the Clothing and Clothing Accessories Stores subsector retail new clothing and clothing accessories merchandise from fixed point-of-sale locations. Establishments in this subsector have similar display equipment and staff that is knowledgeable regarding fashion trends and the proper match of styles, colors, and combinations of clothing and accessories to the characteristics and tastes of the customer. 

 

sportingcirclemaker150.pngSPORTING GOODS, HOBBY, BOOK & MUSIC STORES

Industries in the Sporting Goods, Hobby, Musical Instrument, and Book Stores subsector are engaged in retailing and providing expertise on the use of sporting equipment or other specific leisure activities, such as needlework and musical instruments. Book stores are also included in this subsector. 

 

departmentcirclemaker150.pngGENERAL MERCHANDISE STORES

Industries in the General Merchandise Stores subsector retail new general merchandise from fixed point-of-sale locations. Establishments in this subsector are unique in that they have the equipment and staff capable of retailing a large variety of goods from a single location. This includes a variety of display equipment and staff trained to provide information on many lines of products. 

 

floristcirclemaker150.pngMISCELLANEOUS STORE RETAILERS

Industries in the Miscellaneous Store Retailers subsector retail merchandise from fixed point-of-sale locations (except new or used motor vehicles and parts; new furniture and home furnishings; new appliances and electronic products; new building materials and garden equipment and supplies; food and beverages; health and personal care goods; gasoline; new clothing and accessories; and new sporting goods, hobby goods, books, and music). Establishments in this subsector include stores with unique characteristics like florists, used merchandise stores, and pet and pet supply stores as well as other store retailers. 

 

nonstorecirclemaker150.pngNON-STORE RETAILERS

Industries in the Nonstore Retailers subsector retail merchandise using methods, such as the broadcasting of infomercials, the broadcasting and publishing of direct-response advertising, the publishing of paper and electronic catalogs, door-to-door solicitation, in-home demonstration, selling from portable stalls and distribution through vending machines. Establishments in this subsector include mail-order houses, vending machine operators, home delivery sales, door-to-door sales, party plan sales, electronic shopping, and sales through portable stalls (e.g., street vendors, except food). Establishments engaged in the direct sale (i.e., nonstore) of products, such as home heating oil dealers and newspaper delivery service providers are included in this subsector.

 


Available Geographies

BG - Block Group
CT - Census Tracts
CO - County and County Subdivisions

ME - Metropolitan Statistical Areas 
MI - Micropolitan Statistical Areas  

PL - Place / Census Designated Place
ST - State
US - United States
ZI - ZIP Codes
BTA - Basic Trade Areas
MTA - Major Trade Areas 


Documentation and Release Information

Current Release:  2015B
2015B  Retailology Documentation

 

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