Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Luxembourg
Growth rate previous period, Annual, Seasonally Adjusted
LFACTTTTLUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.97
Year-over-Year Change
11.32%
Date Range
1/1/1999 - 1/1/2022
Summary
The 'Growth rate previous period, Annual, Seasonally Adjusted' trend measures the year-over-year percent change in an economic variable, providing insights into the pace of economic activity.
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 annualized growth rate is a key indicator used by economists and policymakers to analyze economic trends and evaluate the performance of the overall economy over time.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Tracking this metric helps inform monetary and fiscal policy decisions.
Key Facts
- The data is reported on a monthly basis.
- This metric is seasonally adjusted to account for predictable fluctuations.
- Positive growth rates indicate economic expansion, while negative rates signal contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in an economic variable, providing insight into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This annualized growth rate is a key indicator used by economists and policymakers to analyze economic trends and evaluate the performance of the overall economy over time.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Tracking this metric helps inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, and the metric is seasonally adjusted to account for predictable fluctuations.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFACTTTTLUA657S), retrieved from FRED.