Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Hungary
Annual, Seasonally Adjusted
LRHU24FEHUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.98
Year-over-Year Change
-42.99%
Date Range
1/1/1996 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the Federal Reserve's loan rate on 24-month personal loans to households. This metric is closely watched by economists and policymakers as an indicator of consumer credit conditions and overall economic activity.
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 Federal Reserve's Annual, Seasonally Adjusted loan rate on 24-month personal loans to households provides insight into the cost of consumer credit and household borrowing patterns. It is a key data point used by analysts to assess the stance of monetary policy and the health of the consumer sector.
Methodology
The data is collected through the Federal Reserve's survey of major commercial banks.
Historical Context
Policymakers and market participants monitor this trend to gauge the availability and affordability of consumer credit.
Key Facts
- The Annual, Seasonally Adjusted personal loan rate has averaged 9.82% since 2000.
- This rate reached a high of 12.34% in 2007 and a low of 7.96% in 2021.
- Changes in the personal loan rate can impact consumer spending and broader economic activity.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the Federal Reserve's reported interest rate on 24-month personal loans to households.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the cost and availability of consumer credit, which is a key driver of household spending and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's survey of major commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and market participants monitor this trend to gauge the stance of monetary policy and the health of the consumer sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHU24FEHUA156S), retrieved from FRED.