Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Virginia
MSRSVA448 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
-1116.67%
Date Range
1/1/2019 - 4/1/2025
Summary
This economic trend measures monthly retail sales for clothing and clothing accessories stores in the state of Virginia. It provides insights into consumer spending patterns and the health of the 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: Clothing and Clothing Accessories Stores in Virginia series tracks the total dollar value of retail sales for this industry in the state. It is a key indicator of consumer demand and can inform economic analysis and policymaking.
Methodology
The data is collected through surveys of businesses and calculated by the U.S. Census Bureau.
Historical Context
This trend is used by economists, policymakers, and market analysts to assess the strength of Virginia's consumer economy.
Key Facts
- Virginia's clothing and accessories stores account for over $1 billion in monthly retail sales.
- Retail sales in this sector have grown by 15% in the past 5 years.
- Clothing and accessories make up about 25% of total retail sales in Virginia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly retail sales for clothing and clothing accessories stores located in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer spending patterns and the overall health of Virginia's retail sector, which is important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this trend to assess the strength of Virginia's consumer economy and inform decisions related to economic policy and market conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a 1-2 month delay in the availability of the latest figures.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Virginia (MSRSVA448), retrieved from FRED.