Monthly State Retail Sales: Miscellaneous Store Retailers in Maryland
MSRSMD453 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.90
Year-over-Year Change
-80.41%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures monthly retail sales in Maryland for miscellaneous store retailers, providing insight into consumer spending and economic 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
The Monthly State Retail Sales: Miscellaneous Store Retailers in Maryland indicator tracks the dollar value of retail sales at stores that don't fit into other major retail categories, such as general merchandise, apparel, or automotive retailers. This data is used to analyze consumer demand and the overall health of Maryland's economy.
Methodology
The data is collected through surveys of retail businesses in Maryland.
Historical Context
This trend is relevant for understanding Maryland's economic performance and consumer spending patterns.
Key Facts
- Maryland is the 19th largest state economy in the U.S.
- Miscellaneous store retailers account for about 9% of total retail sales in Maryland.
- Retail sales data is an important indicator of consumer confidence and economic health.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales for miscellaneous store retailers in the state of Maryland, providing insight into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding consumer demand, tracking the performance of Maryland's economy, and informing economic policy decisions.
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 data to monitor consumer spending patterns and the overall health of Maryland's economy, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Miscellaneous Store Retailers in Maryland (MSRSMD453), retrieved from FRED.