Monthly State Retail Sales: Health and Personal Care Stores in Pennsylvania
MSRSPA446 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.20
Year-over-Year Change
850.00%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures retail sales at health and personal care stores in Pennsylvania on a monthly basis. It provides insights into consumer spending patterns and the health of the state's 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
The Monthly State Retail Sales: Health and Personal Care Stores in Pennsylvania metric tracks the dollar value of retail sales for this key consumer product category across the state. This data is used by economists and policymakers to analyze consumer demand, economic growth, and the overall performance of Pennsylvania's retail industry.
Methodology
The data is collected through surveys of retail establishments and calculated by the U.S. Census Bureau.
Historical Context
This economic indicator is widely used to inform fiscal and monetary policy decisions that impact Pennsylvania's consumers and businesses.
Key Facts
- Pennsylvania's health and personal care store sales make up over 10% of the state's total retail trade.
- Retail sales at these stores have grown by an average of 3.5% annually over the past decade.
- Trends in this metric closely track changes in consumer confidence and discretionary income in Pennsylvania.
FAQs
Q: What does this economic trend measure?
A: This metric measures the monthly retail sales for health and personal care stores located in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into consumer spending patterns and the overall performance of Pennsylvania's retail sector, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in Pennsylvania's health and personal care store sales are closely monitored by economists and policymakers to inform fiscal and monetary policy decisions that impact the state's consumers and businesses.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of 6-8 weeks.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Health and Personal Care Stores in Pennsylvania (MSRSPA446), retrieved from FRED.