Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for G7
Quarterly, Not Seasonally Adjusted
G7LRHUTTFESTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.31
Year-over-Year Change
2.48%
Date Range
1/1/1991 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted series measures the total factor productivity (TFP) growth rate of the U.S. non-farm business sector. TFP is a key indicator of an economy's technological progress and long-term growth potential.
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
Total factor productivity (TFP) growth reflects improvements in the efficiency of production, capturing the combined effects of technological change, economies of scale, and other factors beyond traditional labor and capital inputs. Analyzing TFP trends is crucial for understanding the drivers of economic growth.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of output, labor, and capital inputs.
Historical Context
Policymakers and economists closely monitor TFP growth to gauge the economy's productive capacity and identify areas for potential productivity enhancements.
Key Facts
- TFP growth has averaged 1.1% annually since 1948.
- Rapid TFP growth is associated with periods of strong economic expansion.
- TFP declined during the 2008-2009 recession but has since rebounded.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted series measures the total factor productivity (TFP) growth rate of the U.S. non-farm business sector.
Q: Why is this trend relevant for users or analysts?
A: TFP growth is a key indicator of an economy's technological progress and long-term growth potential, making it crucial for understanding drivers of economic expansion.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of output, labor, and capital inputs.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor TFP growth to gauge the economy's productive capacity and identify areas for potential productivity enhancements.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical release lag of 2-3 months.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for G7
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Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for G7
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Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for G7
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Infra-Annual Labor Statistics: Unemployment Total: From 25 to 54 Years for G7
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Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for G7
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (G7LRHUTTFESTQ), retrieved from FRED.