Indexes of Aggregate Weekly Payrolls of Production and Nonsupervisory Employees, Utilities
Seasonally Adjusted
CES4422000035 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198.30
Year-over-Year Change
2.48%
Date Range
1/1/1972 - 7/1/2025
Summary
Seasonally adjusted data removes predictable annual fluctuations from economic time series. This technique provides a clearer view of underlying economic trends and performance.
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 helps economists analyze economic data by eliminating recurring seasonal patterns. It reveals true economic changes independent of predictable calendar variations.
Methodology
Statistical techniques like X-12-ARIMA are used to remove seasonal variations from raw data.
Historical Context
Critical for accurate economic analysis and policy decision-making across multiple sectors.
Key Facts
- Removes predictable seasonal variations
- Enables more accurate economic comparisons
- Used across government and economic research
FAQs
Q: What is seasonal adjustment?
A: Seasonal adjustment removes predictable annual patterns from economic data to reveal underlying trends.
Q: Why is seasonal adjustment important?
A: It helps economists and analysts understand true economic changes without seasonal interference.
Q: How is seasonal adjustment calculated?
A: Advanced statistical methods like X-12-ARIMA are used to identify and remove seasonal variations.
Q: Where is seasonal adjustment commonly used?
A: Used in employment, retail sales, industrial production, and other economic time series data.
Q: How often are seasonal adjustments updated?
A: Typically reviewed and updated annually to maintain accuracy and reflect current economic patterns.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (CES4422000035), retrieved from FRED.