Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for Finland
Annual, Seasonally Adjusted
LRAC74FEFIA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.75
Year-over-Year Change
6.16%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures total factor productivity for the U.S. manufacturing sector. This metric is a key indicator of economic efficiency and technological progress.
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) represents the overall efficiency of an economy, capturing improvements in technology, skills, and processes beyond just labor and capital inputs. The Annual, Seasonally Adjusted TFP series is a widely used measure of manufacturing productivity trends in the U.S.
Methodology
The data is calculated by the U.S. Federal Reserve using established econometric models.
Historical Context
Policymakers and economists closely monitor TFP to assess the potential for long-term economic growth.
Key Facts
- U.S. manufacturing TFP has grown by an average of 1.5% per year since 1987.
- Improvements in TFP account for over half of U.S. economic growth since the 1950s.
- High TFP indicates a more efficient use of labor, capital, and technology.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures total factor productivity (TFP) for the U.S. manufacturing sector, reflecting overall economic efficiency and technological progress.
Q: Why is this trend relevant for users or analysts?
A: TFP is a key indicator of a country's long-term economic growth potential, as it captures improvements in technology, skills, and processes beyond just labor and capital inputs.
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 and economists closely monitor TFP to assess the potential for long-term economic growth and to inform decisions on investment, innovation, and productivity-enhancing policies.
Q: Are there update delays or limitations?
A: The Annual, Seasonally Adjusted TFP data is published with a lag of approximately one year by the Federal Reserve.
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Finland
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Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Finland
LFHUTTMAFIM647S
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Finland
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Number of Identified Exporters to Finland from Delaware
DEFINA475SCEN
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC74FEFIA156S), retrieved from FRED.