Fundamental: Seasonal Adjustment in the Wake of Big Shocks, Economic and Otherwise

Consider the following three examples of seasonally adjusted vs. not seasonally adjusted data. {chart} Figure 1: Nonfarm payroll employment, 000's, seasonally adjusted (blue), not seasonally adjusted (tan). NBER defined peak-to-trough recession dates shaded gray. Source: BLS via FRED, NBER. The deep trough associated with the 2020 recession can cause ...     Alert Mar 2, 2023, 4:22pm Fundamental: Seasonal Adjustment in the Wake of Big Shocks, Economic and Otherwise Consider the following three examples of seasonally adjusted vs. not seasonally adjusted data. {chart} Figure 1: Nonfarm payroll employment, 000's, seasonally adjusted (blue), not seasonally adjusted (tan). NBER defined peak-to-trough recession dates shaded gray. Source: BLS via FRED, NBER. The deep trough associated with the 2020 recession can cause ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support