Total Revenue for Engineering Services, Establishments Subject to Federal Income Tax
Percent Change, Seasonally Adjusted
REV54133TPSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.60
Year-over-Year Change
-120.00%
Date Range
10/1/2006 - 1/1/2025
Summary
The 'Percent Change, Seasonally Adjusted' economic trend measures the month-over-month percent change in a key economic indicator, 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
This indicator provides insights into the momentum and direction of the broader economy by tracking the rate of change in an important underlying metric. It is widely used by economists, policymakers, and analysts to assess economic performance and inform decision-making.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on established statistical methods.
Historical Context
This trend is closely monitored for its implications on fiscal and monetary policy.
Key Facts
- The data is released monthly by the U.S. Federal Reserve.
- This metric helps track the pace of economic expansion or contraction.
- Seasonal adjustments account for predictable variations in the underlying data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percent change in a key economic indicator, with seasonal variations removed to provide a clearer picture of underlying economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists, policymakers, and market analysts to assess the momentum and direction of the broader economy, informing decision-making and policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on established statistical methods.
Q: How is this trend used in economic policy?
A: This trend is closely monitored for its implications on fiscal and monetary policy, as it provides valuable insights into the overall health and performance of the economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Percent Change, Seasonally Adjusted (REV54133TPSA), retrieved from FRED.