Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Maryland
MSRSMD444 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.80
Year-over-Year Change
-392.31%
Date Range
1/1/2019 - 4/1/2025
Summary
The 'Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Maryland' series measures retail sales for a key sector of the Maryland economy. This metric provides insight into consumer demand and business activity in the state.
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 tracks monthly retail sales for building material, garden equipment, and supplies dealers in the state of Maryland. It offers a timely indicator of economic trends and consumer spending patterns in this important industry segment.
Methodology
The data is collected through monthly surveys of retail establishments in Maryland.
Historical Context
Policymakers and analysts use this series to assess the health of Maryland's construction, home improvement, and landscaping sectors.
Key Facts
- Maryland has over 3,000 building material and garden equipment dealers.
- Retail sales in this sector account for 8% of Maryland's total retail activity.
- Seasonally adjusted sales have increased by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series measures monthly retail sales for building material, garden equipment, and supplies dealers located in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This data provides a timely indicator of consumer demand and business activity in Maryland's construction, home improvement, and landscaping sectors, which are important contributors to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments in Maryland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to assess the health of Maryland's construction and home improvement industries, which inform economic development strategies and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 4-6 week delay from the end of the reference period.
Related Trends
Net Earnings by Place of Residence in Maryland
MDENET
All Employees: Government: Federal Government in Maryland
SMS24000009091000001
Average Weekly Hours of All Employees: Goods Producing in Maryland
SMU24000000600000002A
Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Maryland
MDPCEPCGAS
Gross Domestic Product: Funds, Trusts, and Other Financial Vehicles (525) in Maryland
MDFNDTRSTNGSP
All Employees: Health Care: Hospitals in Maryland
SMU24000006562200001A
Citation
U.S. Federal Reserve, Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Maryland (MSRSMD444), retrieved from FRED.