FRED offers two new datasets on banks supervised by the Federal Reserve Districts: total assets and number of banks. These data differ from the typical, historical data by classifying banks according to the District that has supervisory responsibility for it, rather than using the location of the bank’s headquarters. The latest edition of The Regional Economist compares the two methods and explains the differences shown in the above graph.
Federal Reserve Economic Data
Announcements
Why Are Some Countries Rich and Others Poor?
In 1776, Adam Smith explained why some nations are wealthier. Today, Page One Economics explains how productivity raises the standard of living.
Tax Reform
From Economic Synopses: Proposed changes to the tax code will have a variety of effects across states.
Measuring Losses from Unemployment Spells
From Economic Synopses: The longer a worker is unemployed, the larger the loss in earnings.
Dashboard Control
FRED dashboards now let you change the dimensions of widgets, which provides you the perfect opportunity, let’s say, to present some of the 38 new series in FRED from the Bank for International Settlements.
Posted in User Account Announcements
More Financial History
FRASER now has the Bank and Quotation Record, a companion to the Commercial and Financial Chronicle, with securities prices and related information, 1928-1963.
Posted in Research Announcements, Top Story 1
Keys to Productivity
From Economic Synopses: Countries can spend more on R&D or borrow innovations from other countries
Fed Funds vs. Treasuries
From Economic Synopses: How do the fed funds rate and long-term Treasury rate affect each other?
FRED Adds BIS Data
FRED has added 38 new quarterly series from the Bank for International Settlements’ Credit to Non-Financial Sector and Property Price releases: 16 series show residential property prices in emerging markets, advanced economies, Serbia, and the United Arab Emirates, including both real and nominal data. The other 22 series feature data on credit in Argentina, including total credit to various entities and credit to the private non-financial sector by banks.
Posted in FRED Announcements
The Economics of Pollution
From Economic Synopses: Pollution rises along with GDP, but at a much slower pace these days.