Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Sweden
Growth rate previous period, Annual, Seasonally Adjusted
LFACTTTTSEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.17
Year-over-Year Change
41.88%
Date Range
1/1/1964 - 1/1/2022
Summary
The 'Growth Rate Previous Period, Annual, Seasonally Adjusted' measures the year-over-year percent change in an economic indicator, adjusted for seasonal variations. This data point is vital for analyzing economic trends and informing policy decisions.
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 metric tracks the annual percentage change in an economic statistic, with seasonal adjustments to isolate underlying trends. It is widely used by economists, policymakers, and market analysts to identify turning points, evaluate the strength of the economy, and make informed decisions.
Methodology
The data is calculated by the U.S. Federal Reserve using standard statistical techniques to account for seasonal fluctuations.
Historical Context
This economic indicator provides critical context for interpreting the health of the U.S. economy and informing fiscal and monetary policy.
Key Facts
- The data is reported on a monthly basis.
- Positive values indicate economic expansion, while negative values signal contraction.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percentage change in an economic indicator, with seasonal adjustments to isolate underlying trends.
Q: Why is this trend relevant for users or analysts?
A: This data point is critical for analyzing economic conditions, identifying turning points, and informing policy decisions by governments and central banks.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this metric using standard statistical techniques to account for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this indicator to assess the overall health of the U.S. economy and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical lag of several weeks between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFACTTTTSEA657S), retrieved from FRED.