Monthly State Retail Sales: Health and Personal Care Stores in Arkansas
MSRSAR446 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.60
Year-over-Year Change
680.00%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures monthly retail sales at health and personal care stores in the state of Arkansas. It provides valuable insights into consumer spending patterns and the overall health of the state's retail 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
The Monthly State Retail Sales: Health and Personal Care Stores in Arkansas metric tracks the total value of retail sales made at establishments primarily engaged in retailing health and personal care products, such as pharmacies, drug stores, and cosmetics stores, within the state of Arkansas. This data is used by economists and policymakers to analyze consumer confidence and the performance of the state's retail industry.
Methodology
The data is collected by the U.S. Census Bureau through monthly surveys of retail establishments.
Historical Context
This trend is used by analysts to monitor the strength of Arkansas' consumer-driven economy and inform economic policy decisions.
Key Facts
- Arkansas accounts for approximately 1% of total U.S. retail sales.
- Health and personal care stores make up about 15% of Arkansas' total retail sales.
- Retail sales in this sector have grown by an average of 3% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales at health and personal care stores, such as pharmacies and drug stores, within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending patterns and the overall performance of Arkansas' retail sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through monthly surveys of retail establishments in Arkansas.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to monitor the strength of Arkansas' consumer-driven economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: There is typically a 2-month delay in the release of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Health and Personal Care Stores in Arkansas (MSRSAR446), retrieved from FRED.