(ECONOMICS) adjusted for the time of year the data refer to.
Economic statistics are often reported as rates of change from month to month, or quarter to quarter. However, some months, such as November and December, have very high retail sales, while May through September have very high home sales. For this reason, data is sometimes "seasonally adjusted" to offset ordinary seasonal variations.
The US Federal Reserve System reports changes in GDP from quarter to quarter in annualized form; so, for example, during the last quarter of 2004, US GDP was (about) $3,044.6 billion. But it was reported as an annualized (and seasonally adjusted) $11734.9. If you divide that by 4 you get 2957.8, which reflects the fact that the Fed shaved 86.8 billion off its estimate of economic activity for 2004Q4 and reallocated it to Q1 & Q2.
The reason the Fed (and everyone else) does this is to measure economic change separately from the usual seasonal change in business activity.
Economic statistics are often reported as rates of change from month to month, or quarter to quarter. However, some months, such as November and December, have very high retail sales, while May through September have very high home sales. For this reason, data is sometimes "seasonally adjusted" to offset ordinary seasonal variations.
The US Federal Reserve System reports changes in GDP from quarter to quarter in annualized form; so, for example, during the last quarter of 2004, US GDP was (about) $3,044.6 billion. But it was reported as an annualized (and seasonally adjusted) $11734.9. If you divide that by 4 you get 2957.8, which reflects the fact that the Fed shaved 86.8 billion off its estimate of economic activity for 2004Q4 and reallocated it to Q1 & Q2.
The reason the Fed (and everyone else) does this is to measure economic change separately from the usual seasonal change in business activity.
BILL: Hey! This data on GDP growth is way different from that data.
ANNA: That's because one set of data is seasonally adjusted. The Fed tweaked the numbers so economic growth from quarter to quarter reflects changing economic conditions, instead of ordinary yearly cycles.
BILL: You mean it's not an evil plot?
ANNA: It's an evil plot to make you forget about Christmas shopping season and labor day white sales.
BILL: Gasp! You mean the Fed is behind the War on Christmas?????
ANNA: That's because one set of data is seasonally adjusted. The Fed tweaked the numbers so economic growth from quarter to quarter reflects changing economic conditions, instead of ordinary yearly cycles.
BILL: You mean it's not an evil plot?
ANNA: It's an evil plot to make you forget about Christmas shopping season and labor day white sales.
BILL: Gasp! You mean the Fed is behind the War on Christmas?????
by Abu Yahya September 8, 2010
Get the seasonally adjusted mug.Is an adjective that is used to qualify something that by any of its characteristics is out of normal. it can also be used to qualify a situation when it is something strange or supertrealistic
by alexis117 April 16, 2019
Get the semao mug.The Honeymoon Season is an act of playerism where a guy joins a new school, university/college, town, city, village, country or work place and starts getting loads of attention by the girls. He then makes use of this attention and is able to hook up with numerous different girls (this ranges from 1st base to 4th). Your Honeymoon Season starts when you enter the school. However it can end from 5 seconds to a couple of months. To ensure it lasts longer, make sure you hook up with a girl and then move swiftly on. Your Honeymoon Season ends when you stop hooking up with girls.
'Mate, those girls are checking you out!!! I guess you are still in your Honeymoon Season.'
'I think my Honeymoon Season ended after 5 seconds...'
'I think my Honeymoon Season ended after 5 seconds...'
by Shaggy1 September 28, 2011
Get the Honeymoon Season mug.That time of year when every man has uncontrollable sexual desires in which they go around humping any and everything they can mount until they ejaculate.
by XXX42069er January 20, 2016
Get the cumming season mug.Killing season is after Medical School graduation. When all the brand new doctors, nurses, ect get their first jobs in the hospital and the most mistakes are made resulting in death.
by Dark Day June 28, 2020
Get the Killing Season mug.A TV term for a show that only last one season due to ratings or rubbish plots and ended getting the axe but there were some shows that didn't to be label as a one season wonder
like the Chicago code or Knight Rider
A one season wonder is equal to the music industries One hit wonder
like the Chicago code or Knight Rider
A one season wonder is equal to the music industries One hit wonder
Guy:1 hey can't wait till the next season of knight rider
Guy:2 sorry mate but they just cancelled the show after 17 episodes
Guy:1 so means its a one season wonder
Guy:2 sorry mate but they just cancelled the show after 17 episodes
Guy:1 so means its a one season wonder
by big ginger 88 October 16, 2015
Get the A one season wonder mug.A name that gets called out at a graduation ceromony beacause the school's too fucking dumb to pronounce Paul Samsonov.
"GRAVEL SAMSONFROF!!...GRAVEL SAMSONOFROF!! Is there a Gravel Samsonofrof here?!! Please come up to recieve your deploma for the the Centennial High School completion.
by Paul November 15, 2004
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