All Employees: Government: Local Government in Tennessee
Not Seasonally Adjusted
SMU47000009093000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
273.50
Year-over-Year Change
1.45%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' economic trend measures the raw, unadjusted values for a given economic indicator. It is crucial for understanding the underlying trends and fluctuations in the data.
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
This series represents the original, unmodified data for an economic statistic, without any seasonal adjustments or other smoothing. It provides a more transparent view of the actual economic activity, which is important for analysts and policymakers to fully interpret the data.
Methodology
The data is collected directly from survey responses, administrative records, or other primary sources, without any seasonal or other statistical adjustments.
Historical Context
The not seasonally adjusted data is widely used to assess true market conditions and inform economic policy decisions.
Key Facts
- The not seasonally adjusted data shows the actual, unprocessed values.
- Seasonal adjustments can mask important underlying economic trends.
- Policy analysts rely on not seasonally adjusted data to get a clear picture of the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend represents the raw, unmodified values for an economic indicator, without any seasonal or other statistical adjustments.
Q: Why is this trend relevant for users or analysts?
A: The not seasonally adjusted data provides a more transparent view of actual economic activity, which is crucial for accurately interpreting economic trends and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected directly from primary sources, such as survey responses or administrative records, without any statistical adjustments.
Q: How is this trend used in economic policy?
A: Policy analysts and economists rely on the not seasonally adjusted data to assess true market conditions and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The not seasonally adjusted data may have longer update delays compared to seasonally adjusted series, as it requires more time to collect and process the raw data.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU47000009093000001), retrieved from FRED.