Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for OECD
Seasonally Adjusted
OECDLRIN64TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.90
Year-over-Year Change
-4.66%
Date Range
7/1/2010 - 1/1/2025
Summary
The Seasonally Adjusted trend measures the real Gross Domestic Product (GDP) growth rate for the United States, adjusted for seasonal variations. This key economic indicator provides insight into the overall health and performance of the U.S. economy.
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 GDP growth rate is a widely-used metric for evaluating the strength and trajectory of a nation's economy. It removes the effects of recurring seasonal patterns, allowing analysts to better identify underlying economic trends and make informed policy decisions.
Methodology
The data is collected and adjusted by the Organisation for Economic Co-operation and Development (OECD) using advanced statistical methods.
Historical Context
Policymakers and economists closely monitor this trend to gauge the overall state of the U.S. economy and inform macroeconomic policies.
Key Facts
- The Seasonally Adjusted GDP growth rate is annualized.
- The trend is updated quarterly by the OECD.
- It is a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted trend measures the real Gross Domestic Product (GDP) growth rate for the United States, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the underlying performance of the U.S. economy, as it allows for better identification of economic trends and informs policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and adjusted by the OECD using advanced statistical methods to remove seasonal effects.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Seasonally Adjusted GDP growth rate to gauge the overall state of the U.S. economy and inform macroeconomic policies.
Q: Are there update delays or limitations?
A: The trend is updated quarterly by the OECD, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLRIN64TTSTSAQ), retrieved from FRED.