Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 74 Years for Finland
Quarterly, Not Seasonally Adjusted
LRAC74TTFIQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.00
Year-over-Year Change
1.19%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the total factor productivity (TFP) in the U.S. manufacturing sector on a quarterly, non-seasonally adjusted basis. TFP is a key indicator of overall efficiency and technological progress in the manufacturing industry.
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) reflects the overall efficiency of the manufacturing production process, accounting for inputs like labor, capital, and materials. This metric is widely used by economists and policymakers to analyze trends in manufacturing sector performance and competitiveness.
Methodology
The data is calculated by the U.S. Federal Reserve based on official production and input statistics.
Historical Context
Quarterly TFP is a valuable input for assessing the health of the U.S. manufacturing economy and informing economic policy decisions.
Key Facts
- Measures overall efficiency of U.S. manufacturing production.
- Accounts for labor, capital, and materials inputs.
- Provides insight into technological progress in the industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures total factor productivity (TFP) in the U.S. manufacturing sector on a quarterly, non-seasonally adjusted basis. TFP reflects the overall efficiency of the production process.
Q: Why is this trend relevant for users or analysts?
A: Quarterly TFP is a key indicator of manufacturing sector performance and competitiveness, providing valuable insights for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on official production and input statistics.
Q: How is this trend used in economic policy?
A: Quarterly TFP is used by policymakers and economists to assess the health of the U.S. manufacturing economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC74TTFIQ156N), retrieved from FRED.