Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Luxembourg
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFACTTTTLUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.06
Year-over-Year Change
-96.69%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate in a specified indicator, providing insights into the pace of economic change without seasonal adjustments.
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 previous period metric tracks the percent change in an economic variable from the prior quarter, offering a perspective on the momentum and direction of the indicator over time. This unadjusted data can be useful for economists and policymakers analyzing underlying trends.
Methodology
The growth rate is calculated by the U.S. Bureau of Labor Statistics based on the raw, non-seasonally adjusted data for the specified economic series.
Historical Context
This trend is commonly used to inform macroeconomic analysis and forecasting by government agencies, financial institutions, and economic research organizations.
Key Facts
- The data is released quarterly by the U.S. Bureau of Labor Statistics.
- Growth rates can vary significantly from one quarter to the next.
- Unadjusted data provides a raw view of economic changes over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in a specified economic indicator, providing insights into the pace of economic growth or contraction without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted growth rate data can be useful for economists and policymakers analyzing underlying economic trends and momentum, as it offers a raw perspective on changes from one quarter to the next.
Q: How is this data collected or calculated?
A: The growth rate is calculated by the U.S. Bureau of Labor Statistics based on the raw, non-seasonally adjusted data for the specified economic series.
Q: How is this trend used in economic policy?
A: This trend is commonly used to inform macroeconomic analysis and forecasting by government agencies, financial institutions, and economic research organizations to better understand the direction and pace of economic change.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Labor Statistics, so there may be a delay between the end of the reference period and the public release of the updated figures.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFACTTTTLUQ657N), retrieved from FRED.