seasonally adjusted
(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.
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?????
Read Also:
- Seussical
a play/musical based on the works of dr. seuss. the main characters are gertrude, the cat in the hat, horton, sour kangaroo, and jojo. this musical is uplifting and super fantastic. seussical is super fantastic. used to describe something nonsensical, or to have seemingly come from a dr. suess story. “man, super smash bros. is […]
- Clam Basket
when a female drops trow and presses her bare -ss and mule lip up against a restaraunt window while the victim is eating. female version of the fruit basket. these sh-tty nacos were kicking my gag reflex until lisa loadlapper gave me the clam basket. i’d sure like to fill her cooch with my load. […]
- FTJ
means fuel the jet, like said by leo in transformers: revenge of the fallen, which was a h-ll of a movie. person 1: dude ftj now!! person 2: what does that mean? person 1: fuel the jet!!!!!!!!! abbreviation for “f-ck this job” boss: dude, get your -ss over there and clean up employee: ftj, you […]
- Pimp'in Out (a car)
related to the smash hit mtv series, ‘pimp my ride’ where dodgy cars as done up in an attempt to make them super rides. in general terms this refers to an individual doing up/pimp’in out (a car), i.e. new stereo, new exhaust, new paintwork, body kits, etc…
- pilgor
n. goat from kenny vs spenny v. to thrash something violently a. being awesome “dude you pilgored that kid right in the face!” “im about to go pilgor on this n-gg-” “that weed was so pilgor”