Nominal General Government Final Consumption Expenditure for Estonia
Seasonally Adjusted
NCGGSAXDCESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78,791.00
Year-over-Year Change
17.08%
Date Range
1/1/1995 - 1/1/2025
Summary
The Seasonally Adjusted employment data measures month-over-month changes in the number of employees on non-farm payrolls, adjusted for seasonal variations.
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 Seasonally Adjusted data removes regular cyclical patterns in employment, such as holiday hiring or school schedules, to provide a cleaner picture of underlying employment trends.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics through surveys of businesses.
Historical Context
Economists and policymakers closely monitor this series to assess the health of the labor market.
Key Facts
- The series is published monthly by the U.S. Bureau of Labor Statistics.
- Seasonally Adjusted data helps identify meaningful shifts in employment beyond regular seasonal patterns.
- This series is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment data measures month-over-month changes in the number of employees on non-farm payrolls, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This series provides a clearer picture of underlying employment trends, helping economists and policymakers assess the health of the labor market.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics through surveys of businesses.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted employment data is a key input for the Federal Reserve's monetary policy decisions.
Q: Are there update delays or limitations?
A: The series is published monthly by the U.S. Bureau of Labor Statistics with a short lag.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (NCGGSAXDCESQ), retrieved from FRED.