Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Portugal
Quarterly
PRTCP110000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.35
Year-over-Year Change
17.99%
Date Range
1/1/1960 - 10/1/2023
Summary
The Quarterly Participation Rate tracks the proportion of the U.S. population participating in the labor force. It is a key indicator of economic activity and the strength of the labor market.
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 Quarterly Participation Rate, published by the U.S. Federal Reserve, measures the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. It is a widely followed metric for assessing the health and dynamics of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The Participation Rate is closely watched by policymakers, economists, and market analysts as it provides insight into labor market trends and can inform economic and monetary policy decisions.
Key Facts
- The Quarterly Participation Rate reached a high of 67.3% in early 2000.
- The rate declined significantly during the Great Recession, falling to 62.4% in 2015.
- As of the latest data, the Quarterly Participation Rate stands at 62.6%.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Participation Rate measures the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The Participation Rate is a key indicator of the strength and dynamics of the U.S. labor market, providing insight into economic activity and labor force trends that are important for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Quarterly Participation Rate is closely monitored by policymakers and can inform economic and monetary policy decisions, as it provides insight into the health and dynamics of the labor market.
Q: Are there update delays or limitations?
A: The Quarterly Participation Rate data is published with a lag, typically a few months after the end of the reference quarter.
Related Trends
Consumer Price Index: OECD Groups: Services: Total for Portugal
PRTCPGRSE01GPQ
Outstanding Domestic Public Debt Securities to GDP for Portugal
DDDM04PTA156NWDB
Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for Portugal
SERV00PTM086NEST
Harmonized Index of Consumer Prices: Package Holidays for Portugal
CP0960PTM086NEST
Infra-Annual Labor Statistics: Working-Age Population Female: From 25 to 54 Years for Portugal
LFWA25FEPTA647N
Bank's Return on Equity for Portugal
DDEI06PTA156NWDB
Citation
U.S. Federal Reserve, Quarterly Participation Rate (PRTCP110000GPQ), retrieved from FRED.