Monthly, Seasonally Adjusted
NOM1M2 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,271.30
Year-over-Year Change
-88.88%
Date Range
1/1/1959 - 1/1/2021
Summary
This economic indicator represents a monthly, seasonally adjusted metric tracked by the U.S. Federal Reserve. The data provides critical insights into economic fluctuations by normalizing monthly variations and revealing underlying trends.
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
Seasonally adjusted data helps economists understand the true economic trajectory by removing predictable seasonal patterns that can distort raw numbers. This methodology allows for more accurate comparisons across different time periods and economic cycles.
Methodology
Data is collected through comprehensive statistical sampling and adjusted using standard econometric techniques to eliminate seasonal variations.
Historical Context
Policymakers and financial analysts use this trend to make informed decisions about monetary policy, investment strategies, and economic forecasting.
Key Facts
- Seasonally adjusted data removes predictable cyclical variations
- Provides a clearer view of underlying economic trends
- Critical for accurate economic comparisons and forecasting
FAQs
Q: What does 'seasonally adjusted' mean?
A: Seasonally adjusted data removes predictable annual fluctuations to reveal the true underlying economic trend. This helps analysts understand the real economic performance beyond normal seasonal variations.
Q: Why are monthly adjustments important?
A: Monthly adjustments allow economists to track economic changes more precisely by eliminating recurring seasonal patterns. This provides a more accurate picture of economic health.
Q: How is this data collected?
A: The data is collected through comprehensive statistical sampling and analysis by federal economic research institutions. Advanced econometric techniques are used to normalize and adjust the raw data.
Q: Who uses this type of economic data?
A: Policymakers, central bankers, financial analysts, investors, and economic researchers rely on seasonally adjusted data to make informed decisions about economic strategies and forecasts.
Q: What are the limitations of this data?
A: While highly useful, seasonally adjusted data can sometimes smooth out important short-term variations. It should be used in conjunction with other economic indicators for comprehensive analysis.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted [NOM1M2], retrieved from FRED.
Last Checked: 8/1/2025