Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Portugal
Quarterly
PRTCP050000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.29
Year-over-Year Change
15.30%
Date Range
1/1/1960 - 10/1/2023
Summary
The Quarterly Participation Rate measures the percentage of the U.S. civilian non-institutional population that is in the labor force. This key metric provides insights into the overall health and dynamics of the labor market.
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 Quarterly Participation Rate represents the proportion of the working-age population that is employed or actively seeking employment. It is a crucial indicator of labor market engagement and a core statistic used by economists and policymakers to evaluate the strength and direction of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
The Participation Rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The Participation Rate reached a high of 67.3% in early 2000.
- The rate declined significantly during the Great Recession, reaching a low of 62.4% in 2015.
- Participation has slowly recovered but remains below pre-recession levels.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Participation Rate measures the percentage of the civilian non-institutional population that is in the labor force, either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The Participation Rate is a key indicator of the overall health and dynamics of the labor market, providing insights into the size and engagement of the workforce.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Q: How is this trend used in economic policy?
A: The Participation Rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The Participation Rate data is published quarterly with a brief delay, and may be subject to revisions as more information becomes available.
Related Trends
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LFAC64FEPTA647S
Harmonized Index of Consumer Prices: Pharmaceutical Products for Portugal
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Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for Portugal
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Consumer Price Index: Transport (COICOP 07): Total for Portugal
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Harmonized Index of Consumer Prices: Fish and Seafood for Portugal
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Harmonized Index of Consumer Prices: Overall Index Excluding Housing, Water, Electricity, Gas, and Other Fuels for Portugal
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Citation
U.S. Federal Reserve, Quarterly Participation Rate (PRTCP050000IXNBQ), retrieved from FRED.