Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: 15 Years or over for Sweden
Quarterly, Seasonally Adjusted
LFINTTTTSEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,808,126.00
Year-over-Year Change
-0.30%
Date Range
1/1/2001 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted personal savings rate in the United States. It is an important indicator of consumer spending and economic growth.
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 personal savings rate represents the percentage of disposable personal income that households save. It is a key metric used by economists and policymakers to assess consumer behavior and the strength of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The personal savings rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The personal savings rate averaged 6.1% in 2022.
- Savings rates tend to rise during economic downturns and fall during expansions.
- The personal savings rate reached a record high of 33.8% in April 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The quarterly, seasonally adjusted personal savings rate measures the percentage of disposable personal income that U.S. households save.
Q: Why is this trend relevant for users or analysts?
A: The personal savings rate is a key indicator of consumer behavior and economic health, providing insights into household spending patterns and the strength of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The personal savings rate is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary and fiscal policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The personal savings rate data is released on a quarterly basis, with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFINTTTTSEQ647S), retrieved from FRED.