Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: 15 Years or over for G7
Seasonally Adjusted
G7LFINTTFESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147,001,500.00
Year-over-Year Change
-0.25%
Date Range
1/1/2005 - 1/1/2025
Summary
The Seasonally Adjusted Gross Domestic Product (GDP) Implicit Price Deflator measures changes in the overall price level of the economy. It is a key indicator of inflation and a crucial metric for policymakers and economists.
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 GDP Implicit Price Deflator tracks the price changes of all goods and services that comprise GDP. It is a comprehensive measure of inflation that reflects the overall health of the economy and influences monetary policy decisions.
Methodology
The U.S. Bureau of Economic Analysis calculates this index based on the ratio of nominal GDP to real GDP.
Historical Context
The Seasonally Adjusted GDP Implicit Price Deflator is closely monitored by the Federal Reserve and other policymakers to assess inflationary pressures and guide economic policy.
Key Facts
- The GDP Deflator tracks price changes of all domestic economic activity.
- It is a broader measure of inflation than the Consumer Price Index (CPI).
- The Federal Reserve uses the GDP Deflator as a key input for monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted GDP Implicit Price Deflator measures changes in the overall price level of the U.S. economy by comparing the value of GDP in current prices to its value in constant prices.
Q: Why is this trend relevant for users or analysts?
A: The GDP Deflator is a comprehensive measure of inflation that provides important insights into the health of the broader economy. It is a crucial metric for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates the GDP Deflator by dividing nominal GDP by real GDP.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors the GDP Deflator to assess inflationary pressures and guide monetary policy decisions, such as setting interest rates, to maintain price stability and promote economic growth.
Q: Are there update delays or limitations?
A: The GDP Deflator is updated quarterly by the Bureau of Economic Analysis, with a short lag time. As a comprehensive measure of the economy, it may not capture rapid, short-term price changes as quickly as more narrowly-focused indices like the Consumer Price Index.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Gross Domestic Product (GDP) Implicit Price Deflator (G7LFINTTFESTSAQ), retrieved from FRED.