What is Seasonal Adjustment?
Definition of Seasonal Adjustment
Evening out or balancing periodic swings in statistics or measuring or removing the influences or movements in supply and demand related to changing seasons.
Explanation of Seasonal Adjustment
Seasonal adjustment is usually done when analysis of the trend of a time series is required independently of the seasonal components. The comparison of economic data is of huge importance in order to determine the growth and performance of a company, that’s why seasonal adjustment of economic data plays a critical role in analyzing the general trend.