Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Czechia
Growth rate previous period, Annual, Seasonally Adjusted
LFACTTTTCZA657S • 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
The growth rate previous period, annual, seasonally adjusted measures the year-over-year change in economic activity. This key indicator provides insights into the pace and direction of the overall economy.
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
This economic trend tracks the annual growth rate of a specific variable, adjusted for seasonal fluctuations. It is widely used by economists, policymakers, and analysts to assess the health and trajectory of the broader economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
This metric is closely monitored for its implications on monetary and fiscal policy decisions.
Key Facts
- The series dates back to 1948.
- Growth rates can be positive or negative.
- Seasonal adjustment removes predictable fluctuations.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year change in economic activity, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the overall health and direction of the economy, informing policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this metric based on underlying economic data.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this indicator to assess the need for monetary or fiscal policy adjustments.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, with occasional revisions to historical figures.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFACTTTTCZA657S), retrieved from FRED.