FRED has added an additional 28,600 state and MSA-level series from the Realtor.com Real Estate Data Library’s housing inventory core metrics, including data on listing price, square footage, active listings, median days on the market, and month-over-month and year-over-year changes.
Explore all the data in these release tables.
Consult our most-recent economic analyses, data, and an up-to-date timeline of events and policy responses to the COVID-19 outbreak.
FRED has expanded both of its Eurostat releases, National Accounts – GDP (Eurostat) and Harmonized Indices of Consumer Prices (HICP) for the changes due to BREXIT. These series will show the GDP and Harmonized Index of Consumer Prices (inflation) values for the European Union before and after BREXIT.
These 34,000 series from Realtor.com Real Estate Data Library include data on listing price, square footage, active listings, median days on the market, and month-over-month and year-over-year changes for the United States and a selection of counties. Be on the lookout for MSA and state data in the near future.
FRED has added 184 new series from the U.S. Census Bureau’s Quarterly Services Survey (QSS). These series include all the new seasonally adjusted estimates of revenue introduced in March (covering fourth quarter 2019 data). The QSS is the only measure of performance for service industry indicators, providing timely estimates of revenue and expenses for selected industries.
The following NAICS industry
groups are included:
* 52: Finance and Insurance
* 53: Real Estate and Rental and Leasing
* 62: Health Care and Social Assistance
* 71: Arts, Entertainment, and Recreation
* 561: Administrative and Support Services
* 5111: Newspaper, Periodical, Book, and Directory Publishers
The FRED team is working to ensure that the data and tools in FRED, ALFRED, and GeoFRED remain available during the outbreak of COVID-19 (Coronavirus). We are actively monitoring our sites to ensure ongoing functionality and resiliency, and we routinely prepare for contingency situations. Most data series in FRED are aggregated from other sources. FRED is able to continue pulling in data from those sources as soon as the sources update the data. Finally, you can continue to contact us if you have questions about FRED or any of the data found in FRED.
FRED has added a new series, Central Bank Assets for Euro Area (11-19 Countries), at a weekly frequency. This series will replace the monthly series with the same title.
This new series allows for more timely updates and more detailed data, since these data are released every week by the European Central Bank as part of the consolidated financial statements of the Eurosystem. And this series won’t lose the history of the existing monthly series in FRED.
The graph above shows both the new weekly and discontinued monthly series together. To convert this new weekly series to a monthly series, use the “Edit Graph” panel to modify the frequency of the weekly series to “Monthly” and select the “End of Period” aggregation method.
In this newsletter, we use a graph to show home price indexes, map building permits for new single-family homes across states and over time, share some tips for playing FREDcast, and quiz you on housing markets.
This assignment provides instructions on building the graph below and includes writing prompts for out-of-class assignments.
This assignment provides instructions on creating the maps of growth rates of building permits for new single-family homes below and suggests prompts for in-class discussion. See how you do on our sample discussion questions below.
Click on the map above to view an interactive version
Question: Name one State where building permits for new single-family homes increased by double digits between 2018 and 2019 .
Again, click on the map above to view an interactive version
Question: Compare this map with the map above. How are they different? Briefly describe the impact of the economic recession of 2007-2009 on the growth rate of building permits for new single-family homes between 2007 and 2008 .
Changes in Gross Domestic Product depend on many factors. In the fourth quarter of 2019, residential private investment, or homebuilding, increased. Read on for more details and a list of resources to become a better FREDcast forecaster.
According to the Bureau of Economic Analysis, “Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019.”
“The increase in real GDP in the fourth quarter reflected positive contributions from residential fixed investment.”
https://www.bea.gov/news/2020/gross-domestic-product-fourth-quarter-and-year-2019-advance-estimate
Q1. In the fourth quarter of 2019, which racial or ethnic group had the highest rate of home ownership in the U.S.?
Q2. In the fourth quarter of 2019, which racial or ethnic group had the lowest rate of home ownership in the U.S.?
Q1. Compare the shares of real estate held by different wealth percentiles. As of the last available observation, which wealth percentile holds the largest share of real estate?
Q2. Compare the shares of real estate held by different wealth percentiles. As of the last available observation, which wealth percentile holds the smallest share of real estate?
Q1. Compare the 30-year and the 15-year fixed rate mortgage average in the U.S. Which one is higher?
Q2. Between the fourth quarter of 2007 and the fourth quarter of 2019, when were the 30-year and the 15-year fixed rate mortgage averages in the U.S. almost the same?
Now that you’ve aced this quiz, give it to your students using this dashboard. To customize this dashboard, just click the “Save to My Account” button at the top of the dashboard.
The Fed hasn’t embraced negative rates…at least not yet. But other central banks have. Read up on the recent history.
Traditional trade data worked when goods were produced entirely within a nation’s borders. Today’s supply chains are globally complex, so we need value-added trade data for a clearer picture.
