Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Hungary
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEMTTTTHUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.35
Year-over-Year Change
-80.01%
Date Range
1/1/1999 - 7/1/2023
Summary
This economic trend measures the quarterly, non-seasonally adjusted growth rate compared to the previous period. It provides insights into the pace of overall economic activity.
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 the quarter-over-quarter change in economic output, without adjusting for seasonal variations. It is a key indicator used by economists and policymakers to assess the trajectory of the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and households.
Historical Context
Policymakers and analysts monitor this trend to inform decisions around monetary and fiscal policy.
Key Facts
- The growth rate is expressed as a percentage change.
- This metric provides a timely snapshot of economic conditions.
- Positive growth indicates an expanding economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, non-seasonally adjusted growth rate of the economy compared to the previous period.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and trajectory of the economy, and is closely monitored by policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and households.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this growth rate metric to inform decisions around monetary and fiscal policy, in order to support stable and sustainable economic expansion.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a lag of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEMTTTTHUQ657N), retrieved from FRED.