Monthly, Not Seasonally Adjusted

H0MMFINNM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,161.40

Year-over-Year Change

8.79%

Date Range

1/1/1959 - 2/1/2006

Summary

The 'Monthly, Not Seasonally Adjusted' series provides raw, unadjusted monthly economic data without statistical smoothing or normalization. This data is crucial for understanding precise month-to-month economic fluctuations before standard seasonal adjustments are applied.

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 economic indicator represents raw data points that reflect actual monthly measurements without accounting for predictable seasonal variations like holiday spending or weather-related economic shifts. Economists use this unmodified data to analyze granular economic trends and validate seasonal adjustment methodologies.

Methodology

Data is collected through comprehensive federal economic surveys and direct reporting from financial institutions, government agencies, and economic research centers.

Historical Context

Policymakers and financial analysts use this non-seasonally adjusted data to develop more nuanced understanding of economic dynamics and validate statistical modeling techniques.

Key Facts

  • Represents unmodified monthly economic data
  • Provides precise snapshot of economic conditions
  • Critical for understanding underlying economic trends

FAQs

Q: What does 'not seasonally adjusted' mean?

A: It means the data reflects actual monthly values without statistical smoothing for predictable seasonal variations like holiday spending or weather impacts.

Q: Why is non-seasonally adjusted data important?

A: It provides a raw, unfiltered view of economic performance, allowing analysts to see exact month-to-month changes before normalization.

Q: How is this data different from seasonally adjusted data?

A: Non-seasonally adjusted data shows actual monthly values, while seasonally adjusted data removes predictable fluctuations to reveal underlying trends.

Q: Who typically uses this type of economic data?

A: Economists, financial analysts, policymakers, and researchers use this data for detailed economic analysis and validation of statistical models.

Q: How frequently is this data updated?

A: Typically updated monthly, providing a current snapshot of economic conditions without statistical modifications.

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Citation

U.S. Federal Reserve, Monthly, Not Seasonally Adjusted [H0MMFINNM], retrieved from FRED.

Last Checked: 8/1/2025