Monthly State Retail Sales: Gasoline Stations in Maryland
MSRSMD447 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7.70
Year-over-Year Change
-1062.50%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Gasoline Stations in Maryland trend measures retail sales at gasoline stations in the state of Maryland. It provides valuable insights into consumer spending and economic activity in the region's fuel 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
This data series tracks monthly retail sales at gasoline stations in the state of Maryland. It is an important indicator of consumer demand and economic health, as gasoline spending is a significant portion of household budgets. Analysts use this data to assess fuel consumption, inflation, and broader economic trends in the state.
Methodology
The data is collected through monthly surveys of Maryland gasoline retailers and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to understand consumer behavior and make informed decisions about economic policy, energy markets, and infrastructure investment.
Key Facts
- Maryland gasoline station sales totaled $1.2 billion in 2022.
- Gasoline spending accounts for over 5% of total retail sales in Maryland.
- Fuel retail sales declined by 8.3% in Maryland during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Monthly State Retail Sales: Gasoline Stations in Maryland trend measures monthly retail sales at gasoline stations located in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer spending and economic activity in Maryland's fuel retail sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Maryland gasoline retailers and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand consumer behavior and make informed decisions about economic policy, energy markets, and infrastructure investment.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month delay, 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: Gasoline Stations in Maryland (MSRSMD447), retrieved from FRED.