Seasonally Adjusted
BF8QSACO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,260.00
Year-over-Year Change
20.66%
Date Range
7/1/2004 - 10/1/2014
Summary
The Seasonally Adjusted metric provides a clearer picture of economic trends by removing regular seasonal fluctuations. It helps economists and policymakers better interpret underlying changes in economic indicators.
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
Seasonal adjustment is a statistical technique that removes predictable calendar-based variations from time series data, such as the effects of weather, holidays, and other recurring events. This allows for more accurate analysis of the true economic conditions and trends.
Methodology
The U.S. Census Bureau's X-13ARIMA-SEATS program is used to calculate the seasonal adjustments.
Historical Context
Seasonally adjusted data is crucial for assessing the current state of the economy and informing policy decisions.
Key Facts
- Seasonal adjustment removes predictable calendar-based variations.
- Seasonally adjusted data provides a clearer picture of underlying economic conditions.
- Seasonal adjustments are calculated using the X-13ARIMA-SEATS program.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted metric removes predictable calendar-based variations from economic data, providing a clearer picture of underlying trends.
Q: Why is this trend relevant for users or analysts?
A: Seasonally adjusted data is crucial for accurately assessing the current state of the economy and informing policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau's X-13ARIMA-SEATS program is used to calculate the seasonal adjustments.
Q: How is this trend used in economic policy?
A: Seasonally adjusted data is used by economists, policymakers, and market analysts to evaluate the true underlying changes in economic indicators.
Q: Are there update delays or limitations?
A: Seasonally adjusted data is updated regularly, though there may be some time lag compared to the release of raw data.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BF8QSACO), retrieved from FRED.