Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Australia
Growth rate previous period, Annual, Seasonally Adjusted
LFACTTMAAUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.34
Year-over-Year Change
34.11%
Date Range
1/1/1965 - 1/1/2022
Summary
This economic indicator measures the annual growth rate of a key economic variable, providing insights into the pace of economic activity and guiding policy 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 growth rate previous period, annual, seasonally adjusted statistic tracks the year-over-year change in a crucial economic metric, offering analysts and policymakers a gauge of economic momentum and performance.
Methodology
This data is collected and calculated by the U.S. Federal Reserve based on surveys and other statistical sources.
Historical Context
Economists and policymakers closely monitor this indicator to assess the overall health and direction of the U.S. economy.
Key Facts
- The growth rate is measured on an annual, seasonally adjusted basis.
- This indicator provides insight into the pace of economic expansion or contraction.
- Policymakers use this data to inform decisions on monetary and fiscal policies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the annual growth rate of a key economic variable, providing insights into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists and policymakers to assess the overall health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys and other statistical sources.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this indicator to inform decisions on monetary and fiscal policies aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Federal Reserve, with occasional revisions to account for updated information.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFACTTMAAUA657S), retrieved from FRED.