Production: Industry: Total Industry Excluding Construction for Estonia
Growth rate same period previous year, Monthly, Seasonally Adjusted
ESTPRINTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.89
Year-over-Year Change
-150.89%
Date Range
1/1/1998 - 5/1/2025
Summary
This economic trend measures the year-over-year growth rate of employment in the U.S. on a monthly basis, adjusted for seasonal variations. It provides important insights into the strength and trajectory of the labor market.
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 Growth Rate Same Period Previous Year, Monthly, Seasonally Adjusted series tracks the annual percent change in total employment, offering a valuable gauge of the economy's performance and the health of the job market over time.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through a monthly survey of establishments.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to inform economic and monetary policy decisions.
Key Facts
- The series is seasonally adjusted to account for recurring fluctuations.
- Employment growth is a key driver of consumer spending and overall economic activity.
- The trend is published monthly, with a typical 1-2 month delay.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of total employment in the United States on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a crucial indicator of the economy's health and momentum, providing valuable insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through a monthly survey of establishments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy and overall economic management.
Q: Are there update delays or limitations?
A: The trend is published monthly, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (ESTPRINTO01GYSAM), retrieved from FRED.