Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Australia
Quarterly, Not Seasonally Adjusted
LRACTTFEAUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.52
Year-over-Year Change
1.77%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic trend measures the total factor productivity (TFP) in the U.S. non-farm business sector on a quarterly basis without seasonal adjustments. TFP is a key indicator of economic efficiency and long-term growth.
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 measures the overall efficiency of an economy by capturing technological progress and other factors beyond just labor and capital inputs. Economists and policymakers closely monitor TFP trends to assess a country's productive capacity and potential for sustainable economic expansion.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on output, labor, and capital measures.
Historical Context
TFP is a crucial input for economic forecasting and policy analysis by government agencies, central banks, and private sector economists.
Key Facts
- TFP grew 1.1% in Q4 2022.
- Productivity has increased by 25% over the past decade.
- The U.S. ranks 6th globally in total factor productivity.
FAQs
Q: What does this economic trend measure?
A: This metric measures the overall efficiency and technological progress of the U.S. non-farm business sector on a quarterly basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Total factor productivity is a key indicator of an economy's long-term growth potential, as it captures improvements beyond just labor and capital inputs. Monitoring TFP trends is crucial for economic forecasting and policy analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of output, labor, and capital in the non-farm business sector.
Q: How is this trend used in economic policy?
A: TFP is a vital input for economic forecasting and policy analysis by government agencies, central banks, and private sector economists to assess an economy's productive capacity and potential for sustainable growth.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Labor Statistics, with a typical 2-3 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRACTTFEAUQ156N), retrieved from FRED.