Monthly State Retail Sales: Health and Personal Care Stores in Illinois
MSRSIL446 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.90
Year-over-Year Change
58.93%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Health and Personal Care Stores in Illinois metric tracks consumer spending at health and personal care retail establishments in the state of Illinois. This trend is a key indicator of consumer demand and economic activity in the healthcare and personal care 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
This data series measures the seasonally adjusted monthly retail sales for health and personal care stores in the state of Illinois. It provides insight into consumer spending patterns and can be used to assess the overall health of the state's retail economy.
Methodology
The data is collected through monthly surveys of retail businesses and calculated by the U.S. Census Bureau.
Historical Context
This economic indicator is closely watched by policymakers, analysts, and businesses to understand consumer behavior and make informed decisions.
Key Facts
- Illinois is the 6th largest state economy in the U.S.
- Health and personal care stores account for over 10% of total retail sales in Illinois.
- Retail sales in this sector have grown by 4.2% in the past year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales for health and personal care stores in the state of Illinois, providing insight into consumer spending in these sectors.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding consumer demand, tracking the health of the state's retail economy, and informing business and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to gauge consumer behavior and make informed decisions about economic and fiscal policies.
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 Illinois (MSRSIL446), retrieved from FRED.