What do you mean by seasonal adjustment term?

Business & Management
#1

In simple terms seasonal adjustment is used for analysis and forecasting part. This is a technique aimed at analyzing economic data with the purpose of removing fluctuations that take place as a result of seasonal factors.
Seasonal adjustment of economic/time data plays a crucial role analyzing/judging the general trend. In the world of finance, comparison of economic data is of immense importance in order to ascertain the growth and performance of a company. In this process, seasonal factors might create big fluctuations in the pattern