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.
Federal Reserve Economic Data
Announcements
Working, but Not at Capacity
From Economic Synopses: Reasons why more of the labor force is employed but less capacity is being used—plus related FRED data.
FRED Adds 2,880 State-Level PCE Series
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.
Posted in FRED Announcements
The Age Dependency Ratio
From Economic Synopses: Decreased labor force + increased elderly population = slower economic growth?
FRED Update: Release Tables and the API
Learn a little more about how to learn a little more about FRED.
Posted in Research Announcements, Top Story 1
FRED Update: Release Tables and the API
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.
Posted in FRED Announcements
Dear Diary: Today in Fed History…
Charles S. Hamlin, the first Chair of the Federal Reserve Board (1914-16), kept handwritten diaries. FRASER has them.
Posted in Research Announcements, Top Story 1
ALFRED Has A New Look (Again)
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:
Posted in FRED Announcements
The Housing Market Can Affect Jobs
From Economic Synopses: Areas with large declines in house values also had large declines in employment.
FRED-MD Has Been Updated
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.
Posted in FRED Announcements