Monthly State Retail Sales: Food and Beverage Stores in Hawaii
MSRSHI445 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.80
Year-over-Year Change
544.44%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Food and Beverage Stores in Hawaii metric tracks monthly retail sales for the food and beverage store industry in the state of Hawaii. This data provides insight into consumer spending patterns and economic conditions in Hawaii'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: Food and Beverage Stores in Hawaii series measures nominal retail sales for food and beverage stores located in the state of Hawaii. This metric is used by economists and policymakers to analyze trends in consumer demand, gauge the health of Hawaii's retail industry, and inform economic forecasting and decision-making.
Methodology
The data is collected through monthly surveys of retail businesses in Hawaii by the U.S. Census Bureau.
Historical Context
This economic indicator is relevant for assessing the performance of Hawaii's consumer-facing industries and informing decisions around fiscal, monetary, and economic development policies.
Key Facts
- Hawaii's food and beverage stores account for over $1 billion in monthly retail sales.
- Retail sales in this sector have grown by 20% over the past 5 years.
- Food and beverage stores make up nearly 25% of Hawaii's total retail industry.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Food and Beverage Stores in Hawaii metric tracks monthly retail sales for the food and beverage store industry in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer spending patterns and the overall health of Hawaii's retail sector, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses in Hawaii by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for assessing the performance of Hawaii's consumer-facing industries and informing decisions around fiscal, monetary, and economic development policies.
Q: Are there update delays or limitations?
A: The data is published with a 2-month lag, so the most recent figures may not reflect the latest economic conditions.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Food and Beverage Stores in Hawaii (MSRSHI445), retrieved from FRED.