Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Hawaii
MSRSHI448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.20
Year-over-Year Change
-700.00%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic indicator tracks monthly retail sales for clothing and clothing accessories stores in the state of Hawaii. It provides insights into consumer spending and demand patterns in this key 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: Clothing and Clothing Accessories Stores in Hawaii series measures the total dollar value of retail sales generated by this industry within the state. It is a useful metric for analyzing Hawaii's consumer-driven economy and assessing the health of its retail landscape.
Methodology
The data is collected through surveys of retail establishments in Hawaii and aggregated by the U.S. Census Bureau.
Historical Context
This indicator is closely watched by policymakers, economists, and businesses to understand consumer behavior and inform economic forecasting and decision-making.
Key Facts
- Hawaii's clothing and accessories stores account for over $100 million in monthly retail sales.
- Retail sales in this sector have fluctuated by up to 20% year-over-year.
- Consumer spending on clothing and accessories is a key driver of Hawaii's tourism-dependent economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly retail sales for clothing and clothing accessories stores located in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into consumer spending patterns and the overall health of Hawaii's retail sector, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in Hawaii and aggregated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses closely monitor this indicator to understand consumer behavior and make informed decisions about economic forecasting and policy.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a lag of several weeks between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Hawaii (MSRSHI448), retrieved from FRED.