Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Denmark
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM55MADKA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-279.27%
Date Range
1/1/2000 - 1/1/2022
Summary
This annual, not seasonally adjusted economic indicator measures the growth rate from the previous period. It provides insights into the pace of economic activity and can inform 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 metric tracks changes in economic output or productivity over time. It is a valuable leading indicator that economists and policymakers use to assess the health and trajectory of the broader economy.
Methodology
The data is calculated based on changes in relevant economic variables compared to the prior year.
Historical Context
This growth rate trend is closely monitored by market analysts and government institutions to guide fiscal and monetary policies.
Key Facts
- The growth rate reached a high of 6.7% in 2021.
- Rapid growth can signal economic expansion, while slower growth may indicate a slowdown.
- Policymakers use this metric to guide decisions on interest rates, government spending, and other interventions.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year growth rate of an economic variable, providing insights into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The growth rate is a key leading indicator that helps economists and policymakers assess the overall health and trajectory of the economy, informing decisions on fiscal and monetary policies.
Q: How is this data collected or calculated?
A: The data is calculated based on changes in relevant economic variables compared to the prior year.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this growth rate trend to guide decisions on interest rates, government spending, and other interventions aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is released annually, with a slight delay, and may not capture short-term fluctuations in economic activity.
Related Trends
Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Denmark
PIEATI02DKQ661N
International Merchandise Trade Statistics: Exports: Commodities for Denmark
XTEXVA01DKA659S
Production: Industry: Total Industry Excluding Construction for Denmark
PRINTO01DKQ657S
Value of Total Orders for Manufacturing for Denmark
ODMNTO02DKQ661S
Number of Identified Exporters to Denmark from Florida
FLDNKA475SCEN
Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Denmark
LFEM74TTDKQ647S
Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM55MADKA657N), retrieved from FRED.