Manufacturers' Unfilled Orders to Shipments Ratios: Total Manufacturing
Not Seasonally Adjusted
UMTMUS • 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' series tracks the percentage of the civilian labor force that is unemployed, without seasonal adjustments. It provides an unbiased view of the underlying unemployment trend.
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 raw, unadjusted unemployment rate, which is a key economic indicator used by policymakers, analysts, and researchers to assess the overall health of the labor market. Unlike the widely reported seasonally adjusted rate, the not-seasonally-adjusted version offers a direct reflection of actual labor force conditions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The not-seasonally-adjusted unemployment rate is particularly useful for understanding the labor market's underlying dynamics and informing economic policy decisions.
Key Facts
- The not-seasonally-adjusted unemployment rate does not account for typical seasonal fluctuations.
- It provides a more transparent view of actual labor force conditions compared to the seasonally adjusted rate.
- The not-seasonally-adjusted rate is often higher than the seasonally adjusted rate due to seasonal hiring and layoff patterns.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the raw, unadjusted unemployment rate as a percentage of the civilian labor force.
Q: Why is this trend relevant for users or analysts?
A: The not-seasonally-adjusted unemployment rate offers a direct, unbiased view of actual labor market conditions, which is valuable for policymakers, economists, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The not-seasonally-adjusted unemployment rate is used by policymakers, economists, and analysts to understand the underlying dynamics of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The not-seasonally-adjusted unemployment rate is published monthly, alongside the widely reported seasonally adjusted rate, with no significant update delays.
Related Trends
Manufacturers' Unfilled Orders to Shipments Ratios: Primary Metals
A31SUS
Manufacturers' Unfilled Orders to Shipments Ratios: Electrical Equipment, Appliances and Components
U35SUS
Manufacturers' Unfilled Orders to Shipments Ratios: Fabricated Metal Products
A32SUS
Manufacturers' Unfilled Orders to Shipments Ratios: Furniture and Related Products
A37SUS
Manufacturers' Unfilled Orders to Shipments Ratios: Transportation Equipment
A36SUS
Manufacturers' Unfilled Orders to Shipments Ratios: Machinery
A33SUS
Citation
U.S. Federal Reserve, Not Seasonally Adjusted (UMTMUS), retrieved from FRED.