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 appear at the bottom of series pages. You can also see a list of them on the main release page. Not all series have release tables yet, but we’re working to make sure every series is connected to at least one release table. So, check back often.
Did you also know that FRED has added release tables to the API? What does that mean, you ask? Well, if you’re building an application and want to pull in the data or the structure of the release table programmatically, we’ve made it easy for you. Learn more here.
Charles S. Hamlin, the first Chair of the Federal Reserve Board (1914-16), kept handwritten diaries. FRASER has them.
It seems like only yesterday that ALFRED, our source for vintage data, decided to steal…er…we mean imitate FRED’s look. Well, ALFRED has gone and done it again. So, to repeat ourselves: “If you know how to use FRED to visualize and download the latest data, you know how to use ALFRED to visualize specific vintages of those data.” Here’s an example of a graph showing the recent GDP revisions:
From Economic Synopses: Areas with large declines in house values also had large declines in employment.
The FRED monthly database for macroeconomic research (FRED-MD) now includes the July 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 added an additional 203 annual and quarterly series from the Labor Productivity and Costs dataset published by the Bureau of Labor Statistics. These data are broken down into business, nonfarm business, nonfinancial corporations, and manufacturing for the United States.
FRED has added 127 series from the Three Centuries of Macroeconomic Data research project published by the Bank of England. These data cover national accounts and other financial and macroeconomic data in the United Kingdom going back to the late 17th century.
