Federal Reserve Economic Data
Federal Reserve Economic Data (FRED) is a 22,127 time series US economic database which can be downloaded in the text format or Microsoft Excel format.
Any individual can access this diverse statistical series data or view the charts of the data which has graphical representation and is managed by the Federal Reserve Bank which is situated at St. Louis. The data can also be imported to a spreadsheet or a database. The Federal Reserve compiles the time series data that is collected through US government agencies such as Bureau of Labor Statistics and US Census.
The economic time series data which is published by FRED play vital role in the financial markets and these databases are widely reported in the media.
The data is organized in various categories such as business, banking, foreign exchange intervention, consumer price indexes, PPI (producer price indexes), monetary base and reserves, international transactions, US trades, exchange rates, interest rates, monetary aggregates, population, employment, GDP (Gross Domestic Product) and US financial data.
FRED related Data Services:
The Federal Reserve Economic Data can be accessed through other data services such as:
- ALFRED: FRED data is archived by ALFRED after the original values are released and revised by adding a real time period.
- GeoFRED: It is a data mapping tool which displays FRED series data in the color coded form on the metropolitan and state statistical areas as well as on country level.
- CASSIDI: It is a data service that provides data nationwide on the banking structures and definitions. It also provides data for individual depository institutions and banking markets.
- FRASER: It is a statistical data archive of historical economic publications, scanned images links, documents and other releases.
Federal Reserve Bank of St. Louis:
Federal Reserve Bank of St. Louis is one of the Regional Reserve Bank out of 12 reserve banks. The FED Bank at St. Louis is the head quarter and the building is recently renovated. This bank provides regulatory and supervisory services to the state banks and bank companies.