Seasonally Adjusted
BF8QSAIL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,338.00
Year-over-Year Change
-2.08%
Date Range
7/1/2004 - 10/1/2014
Summary
The Seasonally Adjusted Series ID measures monthly adjustments to economic data to account for seasonal variations. It is a crucial metric for economists and policymakers to analyze trends and make informed decisions.
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 Seasonally Adjusted Series ID refers to the process of removing predictable seasonal fluctuations from economic time series data. This allows for a clearer identification of underlying trends and cyclical patterns, which is essential for economic analysis and forecasting.
Methodology
The data is calculated using statistical models to adjust for recurring seasonal patterns in the original data.
Historical Context
Seasonally adjusted data is widely used by government agencies, central banks, and economic research institutions to monitor and interpret economic conditions.
Key Facts
- Seasonal adjustments account for predictable fluctuations like holidays and weather.
- Seasonally adjusted data enables better comparisons across time periods.
- Policymakers rely on seasonally adjusted data to make informed decisions.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Series ID measures monthly adjustments to economic data to account for predictable seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Seasonally adjusted data is crucial for identifying underlying economic trends and making accurate forecasts.
Q: How is this data collected or calculated?
A: The data is calculated using statistical models to remove recurring seasonal patterns from the original data.
Q: How is this trend used in economic policy?
A: Seasonally adjusted data is widely used by government agencies, central banks, and economic research institutions to monitor and interpret economic conditions.
Q: Are there update delays or limitations?
A: Seasonally adjusted data may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BF8QSAIL), retrieved from FRED.