Manufacturers' Inventories to Shipments Ratios: Total Manufacturing

Not Seasonally Adjusted

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

Latest Value

1.50

Year-over-Year Change

-1.96%

Date Range

1/1/1992 - 6/1/2025

Summary

The 'Not Seasonally Adjusted' economic indicator tracks unemployment levels without adjusting for typical seasonal variations. This metric provides a straightforward view of labor market conditions for policymakers and economists.

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 'Not Seasonally Adjusted' unemployment rate represents the total number of jobless individuals actively seeking work, without accounting for seasonal hiring and layoff patterns. This raw data series offers a complementary perspective to the more commonly cited seasonally adjusted unemployment rate.

Methodology

The U.S. Bureau of Labor Statistics collects this data through monthly household surveys.

Historical Context

The non-seasonally adjusted unemployment rate is commonly used to analyze broader labor market trends and the impacts of policy changes.

Key Facts

  • The non-seasonally adjusted unemployment rate does not account for typical hiring and layoff patterns.
  • This metric provides a transparent view of actual labor market conditions.
  • The non-adjusted rate is analyzed alongside the seasonally adjusted figure for a more complete picture.

FAQs

Q: What does this economic trend measure?

A: The 'Not Seasonally Adjusted' unemployment rate tracks the total number of jobless individuals actively seeking work, without accounting for typical seasonal variations in hiring and layoffs.

Q: Why is this trend relevant for users or analysts?

A: The non-seasonally adjusted unemployment rate provides a transparent view of actual labor market conditions, complementing the more commonly cited seasonally adjusted figure.

Q: How is this data collected or calculated?

A: The U.S. Bureau of Labor Statistics collects this data through monthly household surveys.

Q: How is this trend used in economic policy?

A: The non-seasonally adjusted unemployment rate is commonly used by policymakers, economists, and analysts to assess broader labor market trends and the impacts of policy changes.

Q: Are there update delays or limitations?

A: The non-seasonally adjusted unemployment data is published monthly by the Bureau of Labor Statistics, with the same update schedule as the seasonally adjusted figures.

Related Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (UMTMIS), retrieved from FRED.