Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for France
Annual, Seasonally Adjusted
LFWA74TTFRA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48,636,900.00
Year-over-Year Change
5.08%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted total factor productivity in France. It is a key indicator of a country's economic efficiency and long-term growth potential.
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
Total factor productivity (TFP) measures the efficiency with which labor and capital inputs are used in production. The annual, seasonally adjusted TFP trend for France provides insights into the nation's economic competitiveness and capacity for sustainable growth.
Methodology
The data is calculated by the U.S. Federal Reserve using established econometric models.
Historical Context
TFP growth is closely monitored by policymakers and analysts for its implications on a country's future economic performance.
Key Facts
- France's annual TFP grew by 0.9% in 2021.
- TFP is a key driver of long-term economic expansion.
- Improving TFP is a priority for the French government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted total factor productivity in France, which reflects the economy's overall efficiency in using labor and capital inputs.
Q: Why is this trend relevant for users or analysts?
A: TFP growth is a crucial indicator of a country's economic competitiveness and capacity for sustainable long-term expansion, making it highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using established econometric models.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor TFP growth to assess a country's economic performance and formulate policies to promote productivity improvements and long-term economic growth.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted TFP data for France is subject to periodic updates by the U.S. Federal Reserve, with potential lags in data availability.
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FRACOMPQDSNAQ
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PRMNCG03FRQ661N
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IRLTLT01FRM156N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA74TTFRA647S), retrieved from FRED.