Monthly State Retail Sales: Health and Personal Care Stores in Montana
MSRSMT446 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.90
Year-over-Year Change
-15.50%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Health and Personal Care Stores in Montana measures retail sales for health and personal care stores in the state of Montana. This data is important for economists and policymakers to track consumer spending and assess economic trends.
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 provides a snapshot of retail sales for health and personal care stores in Montana. It is used to analyze consumer demand, assess the health of the retail sector, and inform policy decisions related to the state's economy.
Methodology
The data is collected through monthly surveys of retail establishments in Montana.
Historical Context
This trend is relevant for understanding the performance of Montana's retail industry and consumer behavior.
Key Facts
- Montana's health and personal care store sales account for approximately 10% of the state's total retail sales.
- The trend has shown consistent year-over-year growth of around 3-5% in recent years.
- Seasonal fluctuations are common, with higher sales typically observed during the summer months.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales for health and personal care stores in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and the performance of Montana's retail sector, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments in Montana.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor the health of Montana's retail industry and consumer behavior, which can inform policy decisions related to economic development, taxation, and other areas.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a lag of several weeks between the reference period and the publication of the data.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Health and Personal Care Stores in Montana (MSRSMT446), retrieved from FRED.