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What Does Seasonally Adjusted Annual Rate – SAAR Mean?

April 26, 2017Adjusted annual mean rate saar Seasonally

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What Does Seasonally Adjusted Annual Rate – SAAR Mean?

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A rate adjustment used for economic or business data that attempts to remove the seasonal variations in the data. Most data will be affected by the time of the year. Adjusting for the seasonality in data means more accurate relative comparisons can be drawn from month to month all year.