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Seasonally-adjusted data

What does “seasonally adjusted” mean, anyway?

by Daniel Ackerman
Jun 5, 2024
It’s one of those terms we hear attached to economic data all the time. But what is seasonal adjustment and how is it done?
It could appear that there's a recession each January because of the drop in seasonal workers, like mall Santas, after the holidays. Hence the importance of seasonally adjusting data.
Jon Cherry/Getty Images
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