Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Austria
Growth rate previous period, Annual, Seasonally Adjusted
LFEM24MAATA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.77
Year-over-Year Change
133.45%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the annual, seasonally adjusted growth rate of the previous period. It provides insight into the pace of economic expansion or contraction over time.
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 metric tracks changes in the size of the economy from one year to the next, adjusted for seasonal fluctuations. Economists and policymakers use this indicator to analyze the momentum and trajectory of the broader economic environment.
Methodology
The data is calculated based on U.S. employment figures from the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by central banks, governments, and market analysts to inform economic policy and investment decisions.
Key Facts
- The growth rate reached a high of 5.2% in 2014.
- This metric has shown volatility during recessionary periods.
- Positive growth rates signal an expanding economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted growth rate of the previous period, providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers closely monitor this indicator to analyze the momentum and trajectory of the broader economic environment, which informs economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on U.S. employment figures from the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by central banks, governments, and market analysts to inform economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and any limitations of the underlying employment figures from the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM24MAATA657S), retrieved from FRED.