Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Hungary
Annual, Seasonally Adjusted
LRACTTTTHUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.58
Year-over-Year Change
19.16%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Seasonally Adjusted economic trend measures the annual change in total household wealth in the United States. It is a key indicator of consumer financial health and economic stability.
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
This trend represents the year-over-year change in total household assets minus liabilities, adjusted for seasonal variations. It provides insight into the overall financial well-being and savings patterns of U.S. households.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of household balance sheets.
Historical Context
Economists and policymakers monitor this trend to assess consumer confidence and potential impacts on consumer spending and the broader economy.
Key Facts
- Household wealth reached a record high of $142 trillion in 2021.
- The annual growth rate in household wealth averaged 7.5% from 2010-2020.
- Real estate assets make up over 30% of total U.S. household wealth.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the year-over-year change in total assets minus liabilities for U.S. households, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall financial health and savings patterns of U.S. households, which is a key driver of consumer spending and economic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of household balance sheets.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess consumer confidence and potential impacts on consumer spending and the broader economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of several months, so there may be delays in reflecting the most recent economic conditions.
Related Trends
Harmonized Index of Consumer Prices: Overall Index Excluding Energy for Hungary
00XE00HUM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Hungary
HUNCPHP0300GYM
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Hungary
HUNFCLODCXDC
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Hungary
HUNCPIALLQINMEI
Consumer Price Index: Total Food Excluding Restaurants for Hungary
CPGDFD02HUA657N
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Hungary
LRUN24TTHUQ156S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRACTTTTHUA156S), retrieved from FRED.