Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Switzerland
Growth rate previous period, Annual, Seasonally Adjusted
LFACTTTTCHA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.24
Year-over-Year Change
-66.42%
Date Range
1/1/2006 - 1/1/2022
Summary
The annual growth rate of the previous period, seasonally adjusted, measures the year-over-year change in economic activity. It provides insight into the trajectory and momentum of the economy.
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 tracks the year-over-year growth rate of the previous period, with seasonal adjustments. It is a widely followed metric that offers a retrospective view of economic performance and can inform policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve using seasonal adjustment techniques.
Historical Context
Policymakers and analysts closely monitor this trend to assess the overall health and direction of the economy.
Key Facts
- The growth rate is expressed as a percentage change from the previous year.
- Seasonal adjustments help remove predictable fluctuations due to weather, holidays, and other recurring factors.
- This metric is a key input for policymakers and economists in evaluating the economic outlook.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of the previous period, with seasonal adjustments applied. It provides a retrospective view of economic performance.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers, economists, and market participants as it offers insights into the momentum and trajectory of the overall economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using seasonal adjustment techniques.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health and direction of the economy, which can inform policy decisions and market expectations.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, with limited delays. However, seasonal adjustments may be subject to revisions as more data becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFACTTTTCHA657S), retrieved from FRED.