Take a 10-minute guided tour of FRED, the St. Louis Fed's free …
Take a 10-minute guided tour of FRED, the St. Louis Fed's free economic data website. Simple step-by-step activities equip users to find and graph economic data, mastering FRED's look and feel. The guide also shows how to customize, save, and share a FRED graph.
This online activity shows how to use FRED, the Federal Reserve's free …
This online activity shows how to use FRED, the Federal Reserve's free online economic data website, to analyze changes in real gross domestic product (GDP) and GDP makeup over time. Following simple instructions, you will locate spending data for the individual components of real GDP, and then combine them into a highly informative area graph. You will also use FRED's ability to stack data and see how trade—imports and exports—contributes to GDP. The resulting customized graph will let you see how economic output varies from year to year.
This lesson demonstrates how easy it is to create a binary FRED …
This lesson demonstrates how easy it is to create a binary FRED map. Students search for state-level data on average weekly earnings and visualize them in FRED. The goals are for students to customize a map, observe patterns in mapped data, and note differences across geographical areas.
Students learn that economic forces have an impact beyond the financial world. …
Students learn that economic forces have an impact beyond the financial world. First, they learn that Progressive Era public health reforms inspired a commercial response to the growing demand for sanitation through the rapid increase in bathroom-fixture production. Students then use FRED, economic data from Federal Reserve Bank of St. Louis, to analyze how bathroom-fixture production changed throughout the 1920s. They examine primary documents—1920s advertising—to see how companies fused the Progressive Era with the new consumer culture. Finally, students complete the lesson by responding to AP U.S. History-style short-answer questions.
This online activity shows how to use FRED, the Federal Reserve's free …
This online activity shows how to use FRED, the Federal Reserve's free economic data website, to measure changes in the cost of living in your lifetime. Each month, the Bureau of Labor Statistics (BLS) collects data on prices consumers pay for tens of thousands of goods and services, everything from software to car insurance. Using rigorous statistical methods, the BLS transforms this mountain of price data into the consumer price index (CPI). The CPI is a numerical index that measures inflation by tracking monthly changes in prices urban dwellers pay for a diverse market basket of thousands of goods and services. Following simple instructions, you will locate the overall level of U.S. consumer prices as it existed on your birth date. You will then compare that level with the level today to see how prices have inflated during your lifetime. FRED's ability to create a graph with a custom index scale will allow you to visualize the rise in prices over your lifetime.
App-driven jobs allow workers to decide when, where, and how much to …
App-driven jobs allow workers to decide when, where, and how much to work—one “gig” at a time. Learn more about this new employment trend in the January 2019 issue of Page One Economics.
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