Monthly, Not Seasonally Adjusted

SVGCBNS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

9,464.40

Year-over-Year Change

18.86%

Date Range

1/1/1959 - 4/1/2020

Summary

This economic indicator represents a specific monthly, not seasonally adjusted data series tracked by the U.S. Federal Reserve. Understanding this trend helps economists and policymakers analyze raw economic data without statistical smoothing.

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 series provides unmodified monthly data that reflects actual economic measurements without seasonal adjustment techniques. Economists use such raw data to examine precise month-to-month variations and underlying economic patterns.

Methodology

Data is collected through systematic federal statistical tracking methods, capturing unadjusted monthly economic measurements directly from primary sources.

Historical Context

This type of non-seasonally adjusted data is crucial for detailed economic analysis, policy planning, and understanding granular economic fluctuations.

Key Facts

  • Represents raw, unmodified monthly economic data
  • Provides unsmoothed economic measurement
  • Useful for detailed economic trend analysis

FAQs

Q: What does 'not seasonally adjusted' mean?

A: Not seasonally adjusted data shows raw economic measurements without statistical techniques that smooth out predictable seasonal variations.

Q: Why are non-seasonally adjusted data important?

A: These data provide precise month-to-month economic snapshots without statistical modifications, revealing actual economic fluctuations.

Q: How is this data series different from seasonally adjusted data?

A: Unlike seasonally adjusted data, this series shows exact monthly figures without removing predictable seasonal patterns.

Q: Who typically uses this type of economic data?

A: Economists, policy analysts, researchers, and financial professionals use non-seasonally adjusted data for detailed economic analysis.

Q: How frequently is this data updated?

A: This monthly series is typically updated at regular intervals, providing current economic measurement information.

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Citation

U.S. Federal Reserve, Monthly, Not Seasonally Adjusted [SVGCBNS], retrieved from FRED.

Last Checked: 8/1/2025