Monthly State Retail Sales: Electronics and Appliance Stores in Maryland
MSRSMD443 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.50
Year-over-Year Change
9.37%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Electronics and Appliance Stores in Maryland trend measures sales and consumer demand for electronics and appliances in the state of Maryland.
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 economic indicator tracks the monthly retail sales of electronics and appliance stores in the state of Maryland. It provides insight into consumer spending patterns and can be used to assess the overall health of the state's retail sector.
Methodology
The data is collected through surveys of retail businesses in Maryland.
Historical Context
Policymakers and analysts use this trend to monitor consumer spending and retail activity in the state.
Key Facts
- Maryland's electronics and appliance store sales account for over $1 billion annually.
- Retail sales in this sector have grown by an average of 3% per year over the past decade.
- The holiday season is the busiest time for Maryland's electronics and appliance stores.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales of electronics and appliance stores in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer spending patterns and the overall health of Maryland's retail sector, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses in Maryland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor consumer spending and retail activity in the state of Maryland.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical delay of 6-8 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Electronics and Appliance Stores in Maryland (MSRSMD443), retrieved from FRED.