seasonal adjustment (Meaning)
Wordnet
seasonal adjustment (n)
a statistical adjustment made to accommodate predictable fluctuations as a function of the season of the year
Synonyms & Antonyms of seasonal adjustment
No Synonyms and anytonyms found
seasonal adjustment Sentence Examples
- Economic data often undergoes seasonal adjustment to remove predictable fluctuations caused by seasonal factors.
- The seasonal adjustment process aims to isolate underlying trends in the data by accounting for regular variations.
- Calendar effects, such as holidays and school breaks, can be considered in seasonal adjustments.
- Seasonal adjustment helps identify patterns that are not attributable to seasonal fluctuations.
- Analysts use seasonally adjusted data to make more accurate comparisons and forecasts.
- Consumer spending data often requires seasonal adjustment due to predictable increases during holiday seasons.
- Employment statistics are seasonally adjusted to account for fluctuations in hiring related to seasonal industries.
- The Bureau of Labor Statistics publishes seasonally adjusted unemployment rates to provide a more accurate snapshot of labor market conditions.
- Seasonal adjustments can be complex and require specialized statistical techniques.
- Economists rely on seasonally adjusted data to understand the underlying health of the economy and make informed decisions.
FAQs About the word seasonal adjustment
a statistical adjustment made to accommodate predictable fluctuations as a function of the season of the year
No synonyms found.
No antonyms found.
Economic data often undergoes seasonal adjustment to remove predictable fluctuations caused by seasonal factors.
The seasonal adjustment process aims to isolate underlying trends in the data by accounting for regular variations.
Calendar effects, such as holidays and school breaks, can be considered in seasonal adjustments.
Seasonal adjustment helps identify patterns that are not attributable to seasonal fluctuations.