Infra-Annual Labor Statistics: Inactivity Rate Total: From 55 to 64 Years for OECD
Seasonally Adjusted
OECDLRIN55TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.68
Year-over-Year Change
-6.68%
Date Range
7/1/2010 - 1/1/2025
Summary
The 'Seasonally Adjusted' economic trend measures inflation-adjusted GDP growth for the United States. It is a key indicator of overall economic performance and a metric closely watched by policymakers.
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 series from the OECD provides a seasonally adjusted measure of real GDP growth for the United States. Seasonal adjustment is a statistical technique used to remove the impact of regular, predictable variations in economic data, providing a clearer picture of underlying economic trends.
Methodology
The data is collected and processed by the OECD using recognized statistical methods for seasonal adjustment.
Historical Context
Policymakers and analysts use this metric to assess the health of the US economy and make informed decisions.
Key Facts
- Seasonally adjusted GDP grew 2.9% in 2022.
- The US economy has seen 8 consecutive quarters of positive GDP growth.
- Seasonal adjustment helps identify underlying economic trends.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' trend measures inflation-adjusted GDP growth for the United States, providing a clearer picture of the economy's underlying performance.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers, economists, and market participants as a key indicator of the overall health and direction of the US economy.
Q: How is this data collected or calculated?
A: The data is collected and processed by the OECD using recognized statistical methods for seasonal adjustment.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the performance of the US economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is updated regularly by the OECD, but there may be some delays in reporting due to the time required for data collection and seasonal adjustment.
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Citation
U.S. Federal Reserve, OECDLRIN55TTSTSAQ (Seasonally Adjusted), retrieved from FRED.