Monthly, Not Seasonally Adjusted
SVGTNS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,196.70
Year-over-Year Change
-10.52%
Date Range
1/1/1959 - 4/1/2020
Summary
This economic indicator represents a monthly, not seasonally adjusted data series tracked by the U.S. Federal Reserve. The unmodified monthly data provides raw economic insights without statistical smoothing techniques.
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
Economists use non-seasonally adjusted data to understand raw economic fluctuations and actual month-to-month variations. This approach captures genuine economic movements without removing cyclical or seasonal patterns.
Methodology
Data is collected through systematic federal economic surveys and direct reporting from economic institutions using standardized measurement protocols.
Historical Context
Policymakers and financial analysts utilize this raw data for granular economic trend analysis and understanding underlying economic dynamics.
Key Facts
- Represents raw, unsmoothed monthly economic data
- Provides direct insight into economic fluctuations
- Useful for detailed economic trend analysis
FAQs
Q: What does 'not seasonally adjusted' mean?
A: Not seasonally adjusted data shows raw economic figures without removing predictable seasonal variations like holiday spending or weather-related economic changes.
Q: Why use non-seasonally adjusted data?
A: Raw data helps economists understand actual economic movements and identify genuine trends without statistical smoothing.
Q: How is this data series different from seasonally adjusted data?
A: Non-seasonally adjusted data reflects actual monthly values without statistical modifications, showing pure economic performance.
Q: Who typically uses this type of economic data?
A: Economists, financial analysts, policymakers, and researchers use non-seasonally adjusted data for detailed economic analysis.
Q: How frequently is this data updated?
A: Monthly data series are typically updated at the end of each month, providing current economic insights.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted [SVGTNS], retrieved from FRED.
Last Checked: 8/1/2025