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seasonal adjustment
seasonal adjustment definition - business
seasonal adjustment
Recalculation of a set of data to remove the effect of recurring seasonal influences. For example, the seasonal variation in the prices of fruits and vegetables can have a substantial impact on the consumer price index unless the index calculation includes a seasonal adjustment. In practice, the Bureau of Labor Statistics publishes the CPI both with a seasonal adjustment and without a seasonal adjustment.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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