(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 adjustedmug. 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 Seasonmug. A period of time in schools that require a dress code of dress shirts year-round (and sweaters from October to May.) When the sweaters are no longer required and students don't need to have them on for the rest of the year, pockets are newly exposed. It becomes a contest of who can rip off the most shirt pockets, usually from underclassmen, with the goal being to make a shirt out of just the pockets. It lasts anywhere from a week to two weeks.
Dude #1: Hey look over there!
<Rips pocket off of Dude #2>
Dude #2: ...
Dude #1: Its pocket season, bitch!
<Rips pocket off of Dude #2>
Dude #2: ...
Dude #1: Its pocket season, bitch!
by Shake May 11, 2006
Get the Pocket Seasonmug. A season dedicated to pure toxic and horny behavior, During Demon Season Niggas who follow @hoodville or any other meme/toxic account becomes a completely different person, they become the living embodiment of future, This stage usually lasts 1-2 seasons and its triggered from emotional trauma.
Paul: you hear about jamal? that nigga broke 5 girls hearts and had sex tape with ole shordy down the road while drinking henny and playing 2k on her sons ps4
Gerald: yea i heard about it, nigga is in his demon season phase right now
Gerald: yea i heard about it, nigga is in his demon season phase right now
by toxic tetsu September 6, 2020
Get the Demon Seasonmug. The political primary season in the United States, where the party rank-and-file select their candidates for elective office. So called because of the phony "issues" prospective candidates dredge up to get attention, which tend to have little to do with the real challenges facing the republic.
Thought to have originated in New Hampshire, the state with the first presidential primaries.
Thought to have originated in New Hampshire, the state with the first presidential primaries.
by Nicole S. April 1, 2006
Get the silly seasonmug. A time before winter, where you don’t eat any fat foods or foods that will make you look like shit, so you don’t have to work out over the winter.
Speaker 1: Fuck John, gain season starts tommorow
Speaker 2: Shit, we better go get our last desert!
Speaker 2: Shit, we better go get our last desert!
by intensedab42069 October 26, 2017
Get the gain seasonmug. ugg season is when all white girl start to wear cheap walmart boots with fur on the outside. if you make fun of any girl wearing uggs during ugg season then you will be swarmed by angry white girls
by THATGUYPOTOTA March 2, 2018
Get the ugg seasonmug.