Monthly State Retail Sales: Food and Beverage Stores in Massachusetts
MSRSMA445 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
-242.22%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Food and Beverage Stores in Massachusetts trend measures consumer spending at food and beverage stores in the state. It is an important economic indicator for understanding consumer behavior and retail activity.
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 monthly retail sales data for food and beverage stores in Massachusetts. It provides insights into consumer spending patterns and the overall health of the state's retail sector, which is a significant driver of economic activity.
Methodology
The data is collected through surveys of retail establishments and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this data to assess the strength of consumer demand and monitor the performance of the food and beverage retail industry.
Key Facts
- Massachusetts is a major consumer market in the Northeast.
- Food and beverage stores account for a significant portion of retail activity.
- Trends in this data can signal changes in consumer confidence and spending habits.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly retail sales for food and beverage stores in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending patterns and the overall health of Massachusetts' retail sector, which is an important driver of economic activity in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the strength of consumer demand and monitor the performance of the food and beverage retail industry in Massachusetts.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be a short delay in reporting due to the time required to collect and compile the information from retail establishments.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Food and Beverage Stores in Massachusetts (MSRSMA445), retrieved from FRED.