Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Hungary
Growth rate previous period, Annual, Seasonally Adjusted
LFEM74TTHUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.32
Year-over-Year Change
-353.22%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the annual, seasonally adjusted growth rate of the previous period. It provides important insights into the pace of economic activity and can inform 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
The growth rate previous period represents the year-over-year change in an economic indicator, adjusted for seasonal variations. This metric is widely used by economists and policymakers to analyze trends and evaluate the health of the broader economy.
Methodology
The data is collected through surveys and other government statistical programs.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to assess economic conditions and guide policy responses.
Key Facts
- The growth rate previous period is expressed as a percentage change.
- This metric is a leading indicator of economic performance.
- Policymakers use this data to monitor the pace of economic recovery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of an economic indicator, adjusted for seasonal variations. It provides insights into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a widely-used metric that helps economists and policymakers assess the health of the economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through government surveys and statistical programs.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this trend to evaluate economic conditions and guide policy responses.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays or limitations due to the complexity of data collection.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM74TTHUA657S), retrieved from FRED.