Definitions for seasonal adjustment
sea·sonal ad·just·ment

Princeton's WordNetRate this definition:0.0 / 0 votes

1. seasonal adjustmentnoun

   a statistical adjustment made to accommodate predictable fluctuations as a function of the season of the year

   "seasonal adjustments for housing starts must be made in mid-winter"

ChatGPTRate this definition:0.0 / 0 votes

1. seasonal adjustment

   Seasonal adjustment is a statistical technique used to remove or minimize the influences of predictable seasonal patterns or variations in a time series data to reveal non-seasonal trends and patterns. These adjustments are often applied to economic and financial data, such as employment rates or GDP, to give a clearer picture of the underlying trends and longer-term changes in the data, unaffected by seasonal factors like holiday seasons, weather changes, or school schedules.

WikidataRate this definition:0.0 / 0 votes

1. Seasonal adjustment

   Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. It is normal to report seasonally adjusted data for unemployment rates to reveal the underlying trends in labor markets. Many economic phenomena have seasonal cycles, such as agricultural production and consumer consumption, e.g. greater consumption leading up to Christmas. It is necessary to adjust for this component in order to understand what underlying trends are in the economy and so official statistics are often adjusted to remove seasonal components.

Matched Categories

1. • Allowance

How to pronounce seasonal adjustment?

1. Alex

   US English

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How to say seasonal adjustment in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of seasonal adjustment in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of seasonal adjustment in Pythagorean Numerology is: 6

Examples of seasonal adjustment in a Sentence

1. Andrew Patterson:

   Whether you’re talking about inflation, labor markets, GDP, these things all go through seasonal adjustment procedures and do get revised over time, there’s not usually a whole lot of focus on it, but given the magnitude of inflation and the volatility of macro fundamentals these days, it’s probably gotten a little bit more attention than typical.

2. Ryan Sweet:

   The Thanksgiving holiday can cause issues with the seasonal adjustment process, jobless claims continue to signal a struggling labor market recovery.

3. Daniel Silver:

   The recent volatility in the claims data is likely due to seasonal adjustment issues that we often see around the holiday season, and we saw a similar pattern across the weekly claims readings around Thanksgiving in 2013 when the holiday fell on November 28 like it did this year.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=seasonal adjustment
2. ^ ChatGPT
   https://chat.openai.com
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=seasonal adjustment