Seasonally Adjusted
BF8QSAPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,642.00
Year-over-Year Change
4.76%
Date Range
7/1/2004 - 10/1/2014
Summary
The 'Seasonally Adjusted' economic indicator measures the seasonal fluctuations in various economic time series. It is a crucial metric for economists and policymakers to analyze underlying 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
Seasonal adjustment removes regular, predictable variations in economic data caused by factors like weather, holidays, and other recurring events. This allows analysts to focus on meaningful changes in the underlying economic conditions.
Methodology
The U.S. Census Bureau uses statistical models to identify and remove seasonal patterns from economic data.
Historical Context
Seasonally adjusted data is widely used to inform monetary and fiscal policies.
Key Facts
- Seasonal adjustment is a standard practice in economic statistics.
- It enables meaningful comparisons of data over time.
- Policymakers rely on seasonally adjusted data to evaluate the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' indicator removes regular, predictable variations in economic data caused by factors like weather, holidays, and other recurring events.
Q: Why is this trend relevant for users or analysts?
A: Seasonal adjustment allows economists and policymakers to better analyze underlying economic conditions by focusing on meaningful changes rather than recurring seasonal patterns.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau uses statistical models to identify and remove seasonal patterns from economic data.
Q: How is this trend used in economic policy?
A: Seasonally adjusted data is widely used to inform monetary and fiscal policies, as it provides a clearer picture of the economy's performance.
Q: Are there update delays or limitations?
A: The availability and timeliness of seasonally adjusted data may vary depending on the specific economic indicator and the data source.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BF8QSAPA), retrieved from FRED.