Monthly State Retail Sales: Health and Personal Care Stores in Alabama
MSRSAL446 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.50
Year-over-Year Change
337.50%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Health and Personal Care Stores in Alabama measure sales at retail establishments specializing in health and personal care products within the state of Alabama. This data provides insights into consumer spending patterns and economic conditions in the health and wellness sector.
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 series tracks monthly retail sales for stores focused on health and personal care items, such as pharmacies, cosmetics shops, and optical goods providers, located within the state of Alabama. It is a key indicator of consumer demand and can be used to assess the overall health of Alabama's retail economy.
Methodology
The data is collected through surveys of retail establishments and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this data to monitor consumer behavior and evaluate the performance of Alabama's health and personal care retail industry.
Key Facts
- Alabama's health and personal care retail sales totaled $1.2 billion in 2022.
- Retail sales in this sector have grown by 5% annually over the past 3 years.
- Pharmacies account for over 60% of health and personal care store sales in Alabama.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales at health and personal care stores located in the state of Alabama, including pharmacies, cosmetics shops, and optical goods providers.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending patterns and the overall health of Alabama's retail economy, particularly in the health and wellness sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor consumer behavior and evaluate the performance of Alabama's health and personal care retail industry, which can inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay between the reference period and publication.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Health and Personal Care Stores in Alabama (MSRSAL446), retrieved from FRED.