Population

Returns the total U.S. population in thousands.

Data Details

Attribute Value
Source Census Bureau / FRED
Frequency Monthly
Unit Thousands of persons
Coverage Total resident population

Notes

  • Used for per-capita calculations
  • Includes all ages
  • Updated monthly with estimates, revised with census data

Examples

=Population()
U.S. population in thousands
=Population()*1000
Convert to actual population
=Population()/1000
Population in millions
=LaborForce()/Population()*100
Labor force participation approximation

When to Use

  • Per-capita calculations
  • Demographic analysis
  • Market size estimates
  • Economic normalization

When NOT to Use

Scenario Use Instead
Need labor force LaborForce()
Need employed workers EmployeesNonfarm()
Need participation rate LaborForceParticipationRate()

Common Issues & FAQ

Q: What unit is the result in? A: Thousands of persons.

Q: Does this include all ages? A: Yes, total resident population of all ages.

Q: How do I get the actual number? A: Multiply by 1000: =Population()*1000

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