Visualizing the CPI basket
This assignment provides instructions on building the graph below and includes suggested writing prompts for out-of-class assignments.
From the FRED Blog
The post “The differences among price indexes” uses data from the U.S. Bureau of Labor Statistics and the U.S. Bureau of Economic Analysis to compare the CPI with the GDP deflator and the PPI.
Use this short video to teach about inflation and wages
This short video describes how to use FRED data to answer the question “Have wages kept up with inflation?”