Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Brazil
Growth rate previous period, Monthly, Seasonally Adjusted
LFEM24TTBRM657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.07
Year-over-Year Change
-104.50%
Date Range
4/1/2002 - 11/1/2015
Summary
This economic indicator tracks the monthly, seasonally adjusted growth rate of the previous period. It provides insights into the pace of economic activity and is closely monitored by policymakers and analysts.
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 measure represents the month-over-month percent change in an economic variable, adjusted for seasonal fluctuations. This metric is widely used to analyze trends and turning points in the broader economy.
Methodology
The data is collected through surveys and other government sources, then adjusted for seasonal patterns.
Historical Context
This indicator helps inform monetary and fiscal policy decisions by providing a timely gauge of economic momentum.
Key Facts
- The growth rate is measured as a percentage change from the prior month.
- This metric is one of the most closely watched by the Federal Reserve.
- Rapid changes in the growth rate can signal an impending economic slowdown or expansion.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the month-over-month percent change in an economic variable, adjusted for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period provides a timely gauge of economic momentum and helps inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through government surveys and other sources, then adjusted for seasonal patterns.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this indicator to assess the state of the economy and guide monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, providing a relatively current snapshot of economic conditions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (LFEM24TTBRM657S), retrieved from FRED.