All Employees: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Nebraska
Seasonally Adjusted
SMU31000008081300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.81
Year-over-Year Change
0.56%
Date Range
1/1/2005 - 7/1/2025
Summary
The Seasonally Adjusted trend measures the seasonal variation in employment data, providing a clear picture of underlying economic conditions.
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
Seasonal adjustment removes recurring fluctuations in economic time series data, such as the effects of weather, holidays, and other predictable factors. This allows analysts to better identify and interpret trends in the underlying data.
Methodology
The U.S. Bureau of Labor Statistics uses statistical models to adjust the raw data and remove seasonal patterns.
Historical Context
Seasonally adjusted data is widely used by policymakers, economists, and financial analysts to assess the health and direction of the economy.
Key Facts
- Seasonal adjustment removes predictable fluctuations in economic data.
- Seasonally adjusted data helps identify true economic trends.
- Policymakers rely on seasonally adjusted data to inform decision-making.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted trend measures employment data with the effects of seasonal patterns removed, providing a clearer picture of the underlying economic conditions.
Q: Why is this trend relevant for users or analysts?
A: Seasonally adjusted data is crucial for accurately interpreting economic trends and informing policy decisions, as it isolates the true movements in the data from predictable seasonal fluctuations.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics uses statistical models to adjust the raw employment data and remove seasonal patterns.
Q: How is this trend used in economic policy?
A: Seasonally adjusted data is widely used by policymakers, economists, and financial analysts to assess the health and direction of the economy, and to inform decision-making.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted data is subject to regular updates and revisions by the Bureau of Labor Statistics, and may have some inherent limitations in fully accounting for all seasonal factors.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU31000008081300001SA), retrieved from FRED.