Curious about the textile industry in New England during the early to mid-1800s? FRED has added data on cotton production by yards for 25 different textile mills in New England between 1815 and 1860 and an aggregate series of the … Continue reading
FRED has added 78 new indicators of policy uncertainty for the U.S. and the world, expanding the offerings from the Economic Policy Uncertainty release. The series added include a variety of news-based indexes of uncertainty around overall economic and trade … Continue reading
FRED has added 1,398 quarterly series on state and local government tax revenue at a national level as well as detailed tax revenue data for individual states. This quarterly summary, which has been published by the U.S. Census Bureau since 1962, is … Continue reading
FRED has added 1,479 monthly series on the average prices of household fuel, motor fuel, and food items.The data come from the Bureau of Labor Statistics and accompany the release of the CPI. However, unlike the CPI, average prices are … Continue reading
A recent Review article by Kevin L. Kliesen, Brian Levine, and Christopher J. Waller analyzes the impact of Fed communications on key financial market variables.
FRED has added 48 Swap rate series from ICE Benchmark Association. These data represent the mid-price for interest rate swaps (the fixed leg) in three major currencies (EUR, GBP and USD) and in tenors ranging from 1 year to 30 … Continue reading
FRED has added four series on the prices of different cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The price data are updated daily and span from as early as 2014 to the present. All data were obtained from Coinbase, a cryptocurrency exchange company, whose overall digital asset performance is depicted in the … Continue reading
FRED has added 9 series on overnight trading in the federal funds market from the New York Fed. The effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions of selected money market rates. … Continue reading
The FRED monthly database for macroeconomic research (FRED-MD) now includes the December 2015 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.
The recent benchmark data revisions from the Bureau of Labor Statistics produced greater-than-normal changes to the Philadelphia Fed’s estimating methodology. While estimates for most states do appear to be reasonable, those for some states are not. Economists at the Bank … Continue reading