Manufacturers' Unfilled Orders to Shipments Ratios: Durable Goods

Not Seasonally Adjusted

UMDMUS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.55

Year-over-Year Change

1.24%

Date Range

1/1/1992 - 6/1/2025

Summary

The 'Not Seasonally Adjusted' economic indicator measures the unadjusted unemployment rate in the United States. This provides critical context for interpreting national employment trends.

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 'Not Seasonally Adjusted' unemployment rate represents the raw, unmodified jobless figures for the U.S. economy. This contrasts with the more commonly cited 'Seasonally Adjusted' rate, which smooths out recurring fluctuations due to factors like weather and holidays.

Methodology

The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.

Historical Context

The unadjusted rate is used by economists and policymakers to analyze labor market dynamics and inform economic policy decisions.

Key Facts

  • The U.S. unadjusted unemployment rate was 3.5% as of January 2023.
  • Seasonal adjustments typically lower the reported jobless rate by 0.2-0.5 percentage points.
  • The gap between seasonally adjusted and unadjusted data tends to narrow during times of economic stability.

FAQs

Q: What does this economic trend measure?

A: The 'Not Seasonally Adjusted' indicator reports the raw, unmodified unemployment rate in the United States.

Q: Why is this trend relevant for users or analysts?

A: The unadjusted unemployment rate provides important context for interpreting labor market conditions and informing economic policy decisions.

Q: How is this data collected or calculated?

A: The data is gathered through the monthly Current Population Survey conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Economists and policymakers analyze the unadjusted unemployment rate to better understand labor market dynamics and make informed policy decisions.

Q: Are there update delays or limitations?

A: The 'Not Seasonally Adjusted' unemployment data is released concurrently with the seasonally adjusted figures, with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (UMDMUS), retrieved from FRED.