Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Austria
Quarterly, Not Seasonally Adjusted
LRACTTFEATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.00
Year-over-Year Change
1.42%
Date Range
1/1/1998 - 1/1/2025
Summary
This trend measures quarterly total factor productivity, a key indicator of economic efficiency and technological progress. It is important for economists and policymakers to understand productivity trends and their impacts on growth and competitiveness.
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
Total factor productivity (TFP) represents the overall efficiency of an economy in transforming inputs like labor and capital into outputs. Analyzing TFP can provide insights into the drivers of economic growth and the impacts of technological change.
Methodology
The data is calculated by the U.S. Federal Reserve using a growth accounting framework.
Historical Context
Quarterly TFP data is used by economists, policymakers, and analysts to assess macroeconomic performance and guide economic policy decisions.
Key Facts
- TFP growth has averaged 0.8% annually since 2010.
- Improving productivity is a key policy goal for boosting long-term economic growth.
- Quarterly TFP data is released with a lag of several months.
FAQs
Q: What does this economic trend measure?
A: This trend measures total factor productivity, which represents the overall efficiency of an economy in transforming labor, capital, and other inputs into economic output.
Q: Why is this trend relevant for users or analysts?
A: Analyzing trends in total factor productivity can provide important insights into the drivers of economic growth and competitiveness, making it relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using a growth accounting framework.
Q: How is this trend used in economic policy?
A: Quarterly TFP data is used by economists and policymakers to assess macroeconomic performance and guide decisions on policies aimed at boosting long-term economic growth and productivity.
Q: Are there update delays or limitations?
A: The quarterly TFP data is released with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRACTTFEATQ156N), retrieved from FRED.