Monthly State Retail Sales: Health and Personal Care Stores in Arizona
MSRSAZ446 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.20
Year-over-Year Change
1300.00%
Date Range
1/1/2019 - 4/1/2025
Summary
This trend measures monthly retail sales in Arizona's health and personal care stores, providing insights into consumer spending and economic activity in the healthcare and wellness sectors.
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 Arizona metric tracks the total sales revenue generated by health and personal care retail establishments across the state. It serves as an important indicator of consumer demand and purchasing power in the healthcare and beauty product markets.
Methodology
The data is collected through surveys of retail businesses by the U.S. Census Bureau.
Historical Context
This economic indicator is closely monitored by policymakers, economists, and industry analysts to gauge Arizona's consumer and healthcare sector performance.
Key Facts
- Arizona is the 6th largest state by population.
- Health and personal care stores account for over 10% of total retail sales in the state.
- Retail sales in this sector have grown by 25% in the last 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales revenue generated by health and personal care stores in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer spending and demand for healthcare, beauty, and wellness products in Arizona, which is crucial for businesses, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers, economists, and industry analysts to gauge the performance of Arizona's consumer and healthcare sectors.
Q: Are there update delays or limitations?
A: The data is released monthly with a 1-2 month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Health and Personal Care Stores in Arizona (MSRSAHPC446), retrieved from FRED.