Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Switzerland
Growth rate previous period, Annual, Seasonally Adjusted
LFEMTTTTCHA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.75
Year-over-Year Change
28.19%
Date Range
1/1/1999 - 1/1/2023
Summary
This economic trend measures the annual, seasonally adjusted growth rate of the previous period. It provides insights into the pace of economic expansion or contraction over the past year.
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 year-over-year changes in economic activity, offering a perspective on the trajectory of the economy. It is a widely referenced indicator used by economists, policymakers, and market analysts to assess macroeconomic performance.
Methodology
The data is calculated from underlying economic statistics collected and reported by the U.S. government.
Historical Context
Analysts monitor this trend to gauge the strength and direction of the broader economy, informing policy decisions and investment strategies.
Key Facts
- The metric is expressed as a percentage change from the previous year.
- It is a leading indicator of economic performance and future trends.
- Policymakers use this data to guide decisions on interest rates and stimulus measures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted growth rate of the previous period, providing insights into the pace of economic expansion or contraction over the past year.
Q: Why is this trend relevant for users or analysts?
A: This metric is a widely referenced indicator used by economists, policymakers, and market analysts to assess macroeconomic performance and inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is calculated from underlying economic statistics collected and reported by the U.S. government.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to gauge the strength and direction of the broader economy, using it to guide decisions on interest rates, stimulus measures, and other policy interventions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological practices of the U.S. government agencies responsible for collecting and reporting the underlying economic statistics.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEMTTTTCHA657S), retrieved from FRED.