Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Portugal
Annual, Seasonally Adjusted
LRAC25FEPTA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.45
Year-over-Year Change
6.84%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic indicator measures the annual, seasonally adjusted labor productivity of the U.S. non-farm business sector. It is a key metric for evaluating the efficiency and competitiveness of the broader 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
Labor productivity measures the output produced per hour worked. Trends in labor productivity are closely watched by economists and policymakers as they indicate changes in the economy's capacity for growth and living standards over time.
Methodology
The Bureau of Labor Statistics calculates this series using data on business output and employee hours worked.
Historical Context
Labor productivity growth is a fundamental driver of economic expansion and improvements in living standards.
Key Facts
- Labor productivity increased by 1.7% in 2021.
- The U.S. has experienced an average annual productivity growth of 1.5% since 1947.
- Productivity growth is a key driver of long-term economic expansion.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the annual, seasonally adjusted labor productivity of the U.S. non-farm business sector, which is a key metric for evaluating the efficiency and competitiveness of the broader economy.
Q: Why is this trend relevant for users or analysts?
A: Trends in labor productivity are closely watched by economists and policymakers as they indicate changes in the economy's capacity for growth and improvements in living standards over time.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics calculates this series using data on business output and employee hours worked.
Q: How is this trend used in economic policy?
A: Labor productivity growth is a fundamental driver of economic expansion, and this metric is used by policymakers and analysts to assess the economy's long-term growth potential.
Q: Are there update delays or limitations?
A: The data is published quarterly with a brief delay, and may be subject to revisions as more complete information becomes available.
Related Trends
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PRTCPHP1000GYM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Portugal
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Residential Property Prices for Portugal
QPTN628BIS
Harmonized Index of Consumer Prices: Purchase of Vehicles for Portugal
CP0710PTM086NEST
Literacy Rate, Adult Total for Portugal
SEADTLITRZSPRT
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 25 to 54 Years for Portugal
LFIN25FEPTQ647N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC25FEPTA156S), retrieved from FRED.