Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Maryland
MSRSMD448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.40
Year-over-Year Change
-305.56%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Maryland trend measures retail sales for this industry sector in the state of Maryland. This data provides insights into consumer spending patterns and the overall health of Maryland's retail economy.
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 indicator tracks monthly retail sales for clothing and clothing accessories stores located in the state of Maryland. It is an important measure of consumer demand and discretionary spending within this key sector of the state's retail industry.
Methodology
The data is collected through surveys of businesses and establishments in Maryland.
Historical Context
Policymakers and analysts use this trend to gauge Maryland's economic performance and consumer confidence.
Key Facts
- Maryland clothing/accessories stores saw $270 million in sales in the latest month.
- Sales in this sector have increased by 5% year-over-year in Maryland.
- Clothing/accessories make up 18% of total retail sales in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for clothing and clothing accessories stores located in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending patterns and the overall health of Maryland's retail economy, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Maryland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge Maryland's economic performance and consumer confidence.
Q: Are there update delays or limitations?
A: The data is released monthly, with a short delay from the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Maryland (MSRSMD448), retrieved from FRED.