Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Massachusetts
MSRSMA448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.60
Year-over-Year Change
-204.76%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Massachusetts measure consumer spending on clothing and accessories in the state. This data provides insights into the health of the retail sector and consumer confidence.
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 economic trend tracks monthly retail sales at clothing and clothing accessories stores in the state of Massachusetts. It is an important indicator of consumer demand and can be used to analyze the performance of the retail industry.
Methodology
The data is collected through surveys of retail establishments in Massachusetts.
Historical Context
Policymakers and economists monitor this trend to gauge the strength of consumer spending and its impact on the broader economy.
Key Facts
- Massachusetts is a major retail hub in the Northeast U.S.
- Clothing and accessories stores account for a significant portion of retail sales in the state.
- Consumer spending on clothing can be an indicator of overall economic confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales at clothing and clothing accessories stores in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer spending patterns and the health of the retail industry in Massachusetts, which is an important economic indicator.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in Massachusetts.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to gauge the strength of consumer spending and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some lag in reporting from retail establishments.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Massachusetts (MSRSMA448), retrieved from FRED.