Annual, Not Seasonally Adjusted
SMU72000001523800001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.10
Year-over-Year Change
-47.94%
Date Range
1/1/2003 - 1/1/2014
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the Boise City, ID metropolitan area. It provides important insights into local labor market conditions and regional economic performance.
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, Not Seasonally Adjusted employment series tracks the total number of workers in the Boise City, ID metro area over a 12-month period. This measure gives economists and policymakers a clear picture of longer-term employment trends, unaffected by seasonal fluctuations.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts use this metric to assess the overall strength and stability of the Boise City regional economy.
Key Facts
- Boise City employment reached a record high in 2021.
- The Boise metro area has seen rapid population and job growth in recent years.
- Annual employment is a lagging economic indicator compared to monthly data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment level in the Boise City, ID metropolitan area over a 12-month period, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall strength and stability of the Boise regional economy, which is useful for economists, policymakers, and businesses operating in the area.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess labor market conditions and overall economic performance in the Boise City metropolitan region, which can inform decisions around economic development, workforce planning, and other policy initiatives.
Q: Are there update delays or limitations?
A: As an annual, not seasonally adjusted measure, this data may have a longer update delay compared to monthly employment statistics, but it provides a more comprehensive picture of long-term employment trends in the Boise area.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU72000001523800001A), retrieved from FRED.