Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Arizona
MSRSAZ444 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
-38.00%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic indicator measures monthly retail sales by building material and garden equipment and supplies dealers in the state of Arizona. It provides insights into consumer spending and demand for home improvement and outdoor products.
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: Building Material and Garden Equipment and Supplies Dealers in Arizona data series tracks the sales revenue of establishments primarily engaged in retailing new building material and garden equipment and supplies. This metric is used by economists and policymakers to gauge the health of the home improvement and construction sectors.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Historical Context
This indicator is relevant for understanding consumer confidence, housing market trends, and the broader economic conditions in Arizona.
Key Facts
- Arizona is the 6th largest state by population.
- Building material and garden sales account for over 10% of total retail activity in Arizona.
- This indicator has shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks monthly retail sales of building material and garden equipment and supplies dealers in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending on home improvement and outdoor products, which is a key driver of economic activity in Arizona.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to gauge the health of the housing and construction sectors in Arizona, which informs decisions around economic development and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 4-6 week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Arizona (MSRSAZ444), retrieved from FRED.