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Seasonally Adjusted
SMU17000008081200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.03
Year-over-Year Change
-2.28%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures the monthly employment in the information sector in the Seattle-Tacoma-Bellevue, WA metropolitan statistical area. This data is vital for economists and policymakers to understand labor market trends and make informed decisions.
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 series adjusts the raw employment data to account for regular seasonal variations, providing a clearer picture of the underlying employment trends in the information sector. This helps analysts and policymakers separate the effects of normal seasonal hiring and layoffs from true changes in economic conditions.
Methodology
The data is collected through surveys of employers and calculated with statistical methods to remove seasonal patterns.
Historical Context
This trend is used by the Federal Reserve, government agencies, and private analysts to monitor the health of the information sector and guide economic policy decisions.
Key Facts
- The information sector includes industries like technology, media, and telecommunications.
- Seasonal adjustment helps identify true economic trends by removing predictable changes.
- Employment data is a key indicator of economic activity and consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures monthly employment in the information sector for the Seattle-Tacoma-Bellevue, WA metropolitan area, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a clearer picture of underlying employment changes in the information sector, which is important for understanding the health of the local economy and guiding policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers and calculated using statistical methods to remove seasonal patterns.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted employment data is used by the Federal Reserve, government agencies, and private analysts to monitor the information sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, and the seasonal adjustment process can be affected by unusual events or changes in the underlying patterns.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU17000008081200001SA), retrieved from FRED.