The FRED monthly database for macroeconomic research (FRED-MD) now includes the September 2016 vintage. This database, designed for the empirical analysis of “big data,” is described in detail in a St. Louis Fed working paper by Michael W. McCracken and Serena Ng.
FRED has just added 3,382 quarterly series from the Quarterly Census of Employment and Wages survey produced by the Bureau of Labor Statistics. (The data are also in GeoFRED.) This dataset represents average weekly wages for each metropolitan statistical … Continue reading
Insight on econ themes & data. Recently, part-time workers, the rise of renters, and Halloween candy.
Read about the effects of foreclosures, China’s savvy government, a Taylor rule for public debt, and policy for oil exporters.
From Page One Economics: What’s the right amount of research before buying a used car? Learn more about asymmetric information, adverse selection, and moral hazard.
From Economic Synopses: Reasons why more of the labor force is employed but less capacity is being used—plus related FRED data.
FRED has just added 2,880 annual series from the Personal Consumption Expenditures by State release from the Bureau of Economic Analysis. This data set contains personal consumption expenditures for each state, including per capita measures and sector-based data.
From Economic Synopses: Decreased labor force + increased elderly population = slower economic growth?
Learn a little more about how to learn a little more about FRED.
Release tables…? API…? Tell me more! Did you know that FRED has release tables? These detailed lists are great for learning how series are constructed. For example, Table 1.1.6 here shows the components of real GDP: Links to release tables … Continue reading