Quarterly
LFAC64TTG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
357,388,000.00
Year-over-Year Change
1.60%
Date Range
4/1/2003 - 4/1/2017
Summary
The Quarterly trend measures the average annual growth rate of total nonfarm payroll employment in the United States. It is a key indicator of the health and direction of the U.S. labor market.
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 Quarterly trend tracks the year-over-year percent change in total nonfarm payroll employment, providing a broad measure of the overall strength of the U.S. job market. It is a widely followed economic indicator used by policymakers, economists, and investors to assess the state of the economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Quarterly trend is closely monitored by the Federal Reserve and other policymakers to inform decisions on interest rates and other economic policies.
Key Facts
- The Quarterly trend reached a peak of 4.5% in 2021 as the economy rebounded from the COVID-19 pandemic.
- Nonfarm payroll employment has increased for 23 consecutive months as of the latest data.
- The Quarterly trend is a leading indicator of overall economic conditions in the United States.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the year-over-year percent change in total nonfarm payroll employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly trend is a widely followed economic indicator used by policymakers, economists, and investors to assess the strength and direction of the U.S. labor market and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Quarterly trend is closely monitored by the Federal Reserve and other policymakers to inform decisions on interest rates and other economic policies.
Q: Are there update delays or limitations?
A: The Quarterly trend data is published monthly with a lag of approximately one month.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for G7
G7LFIN25TTSTSAQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for G7
G7LFWA55TTSTSAQ
Balance of Payments: Direct Investment: Liabilities (or Net Incurrence of Liabilities) for G7
G7B6FADI03CXCUQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for G7
G7LRHUTTFESTM
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for G7
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Production: Manufacturing: Total manufacturing: Total manufacturing for G7
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Citation
U.S. Federal Reserve, Quarterly (LFAC64TTG7Q647N), retrieved from FRED.