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The seasonally adjusted annual rate (SAAR) is a rate that is adjusted to take into account typical seasonal fluctuations in data and is expressed as an annual total. SAARs are used for data affected by seasonality, when it could be misleading to directly compare different times of the year.
Indirect seasonal adjustment is used for large components of GDP which are made up of many industries, which may have different seasonal patterns and which are therefore analyzed and seasonally adjusted separately. Indirect seasonal adjustment also has the advantage that the aggregate series is the exact sum of the component series.
The table below displays all national recessions appearing in 2006–2013 (for the 71 countries with available data), according to the common recession definition, saying that a recession occurred whenever seasonally adjusted real GDP contracts quarter on quarter, through minimum two consecutive quarters. Only 11 out of the 71 listed countries ...
High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month. Existing home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in ...
As of November, existing home sales were at a seasonally adjusted annual rate of 4.15 million. Homes typically go under contract one to two months before a sale is completed, meaning pending home ...
Single-family housing starts, which account for the bulk of homebuilding, jumped 6.4% to a seasonally adjusted annual rate of 1.011 million units last month, the Commerce Department's Census ...
Quarter-on-quarter or quarter-over-quarter, abbreviated as QOQ is a term of art in accounting, finance and economics.It may refer to a comparison of data in the current quarter to the same data in the previous quarter.
The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 18,000 to a seasonally adjusted 1.859 million during the week ending Jan. 4, the claims report showed