Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Pennsylvania
MSRSPA448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.70
Year-over-Year Change
-229.55%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Pennsylvania trend measures consumer spending at clothing and accessory stores across the state. It provides important 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 data series tracks the total sales volume for clothing and clothing accessories stores located in Pennsylvania. It is a key indicator of consumer spending and economic activity in the state's retail industry.
Methodology
The data is collected through monthly surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this trend to assess the strength of Pennsylvania's consumer economy and identify potential areas of growth or concern.
Key Facts
- Pennsylvania's clothing and accessories stores generated over $1.2 billion in sales in the latest month.
- Clothing and accessories sales account for approximately 10% of total retail activity in the state.
- Sales in this sector have grown by 5% year-over-year, outpacing the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total sales volume for clothing and clothing accessories stores located in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending and the health of Pennsylvania's retail sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the strength of Pennsylvania's consumer economy and identify potential areas of growth or concern.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 4-6 weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Pennsylvania (MSRSPA448), retrieved from FRED.