Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Czechia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFACTTTTCZA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.31
Year-over-Year Change
289.12%
Date Range
1/1/1991 - 1/1/2022
Summary
This economic indicator measures the year-over-year growth rate of a metric, providing insights into broader economic 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
The annual growth rate represents the percentage change in a variable compared to the same period in the previous year. This metric is widely used by economists and policymakers to analyze economic performance and inform policy decisions.
Methodology
The data is calculated based on the underlying metric's values over time.
Historical Context
This growth rate is relevant for understanding consumer behavior, business investment, and overall economic conditions.
Key Facts
- This metric is reported on an annual basis.
- The growth rate can be positive or negative, indicating expansion or contraction.
- Analyzing this trend over time provides insights into the broader economic cycle.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year growth rate of an underlying economic variable, providing insights into broader economic trends and performance.
Q: Why is this trend relevant for users or analysts?
A: This growth rate metric is widely used by economists and policymakers to analyze economic conditions and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the underlying metric's values over time.
Q: How is this trend used in economic policy?
A: This growth rate is relevant for understanding consumer behavior, business investment, and overall economic conditions, which are key inputs for economic policymaking.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, so there may be delays in availability compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFACTTTTCZA657N), retrieved from FRED.