Monthly State Retail Sales: Health and Personal Care Stores in District of Columbia
MSRSDC446 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.50
Year-over-Year Change
30.77%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Health and Personal Care Stores in District of Columbia measures the total sales volume of retail establishments in the health and personal care sector within the District of Columbia. This metric provides insights into consumer spending and economic activity in this key industry.
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 the monthly revenue generated by health and personal care stores, such as pharmacies, drug stores, and cosmetics retailers, located within the District of Columbia. It is an important economic indicator used by policymakers, analysts, and businesses to gauge consumer demand and the overall health of the local retail landscape.
Methodology
The data is collected through monthly surveys of retail establishments in the District of Columbia.
Historical Context
Trends in health and personal care store sales are closely monitored by economists and policymakers as a gauge of consumer confidence and spending patterns.
Key Facts
- Sales at health and personal care stores in DC totaled $195 million in the latest month.
- This sector accounts for approximately 10% of total retail sales in the District.
- Health and personal care store sales have increased by 5% year-over-year in DC.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Health and Personal Care Stores in District of Columbia measures the total sales revenue generated by retail establishments in the health and personal care industry within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and the overall economic health of the District's retail sector, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments located in the District of Columbia.
Q: How is this trend used in economic policy?
A: Trends in health and personal care store sales are closely monitored by economists and policymakers as an indicator of consumer confidence and spending, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released with a 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Health and Personal Care Stores in District of Columbia (MSRSDC446), retrieved from FRED.