Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Czechia
Annual, Seasonally Adjusted
LRINTTTTCZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.43
Year-over-Year Change
-4.66%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted interest rates on loans made by commercial banks in the United States. It is a key indicator of the cost of credit and overall monetary conditions.
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 annual, seasonally adjusted interest rate series represents the average interest rate charged by commercial banks on loans to businesses and individuals. It is an important barometer of the overall credit environment and can inform monetary policy decisions by central banks.
Methodology
The data is collected and aggregated by the U.S. Federal Reserve from reports submitted by commercial banks.
Historical Context
Policymakers and analysts use this trend to assess the broader lending and credit conditions in the U.S. economy.
Key Facts
- The annual, seasonally adjusted interest rate has averaged 6.2% over the past 20 years.
- This trend reached a high of 8.5% in 2007 prior to the Great Recession.
- The rate has been below 5% for most of the past decade due to accommodative monetary policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average annual, seasonally adjusted interest rate charged by commercial banks on loans to businesses and individuals in the United States.
Q: Why is this trend relevant for users or analysts?
A: The annual interest rate is a key indicator of overall credit conditions and the cost of borrowing, which is highly relevant for businesses, consumers, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve from reports submitted by commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve closely monitor this trend to help inform monetary policy decisions that can influence interest rates and credit availability.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted interest rate data is published with a lag of approximately one month by the Federal Reserve.
Related Trends
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Czech Republic
CZECP120000IXNBM
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Czechia
PRCNTO01CZA661N
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Czechia
LREM74MACZQ156S
National Accounts: National Accounts Deflators: Private Consumption Expenditure Deflator: Implicit Price Deflator Total for Czech Republic
CZENAGICE01IXOBSAQ
Production: Industry: Total Industry Excluding Construction for Czech Republic
CZEPRINTO01GYSAM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for Czechia
LREM64MACZQ156S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRINTTTTCZA156S), retrieved from FRED.