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Federal Reserve Economic Data: A History

Author

Listed:
  • Diego Mendez-Carbajo
  • Genevieve M. Podleski

Abstract

This article describes the contributions of the Federal Reserve System to the production and distribution of economic data. First, we present a chronological account of those contributions. Next, we describe the origins and evolution of the data information services provided by the Federal Reserve Economic Data (FRED) online database, its partnership with sources, and the profile of its users. Next, we review the data-related educational outreach efforts of the Federal Reserve Bank of St. Louis, presenting some evidence of their impact. A summary and several reflections on the future of economic data and education conclude the article. JEL Classifications : N22, E01, A20

Suggested Citation

  • Diego Mendez-Carbajo & Genevieve M. Podleski, 2021. "Federal Reserve Economic Data: A History," The American Economist, Sage Publications, vol. 66(1), pages 61-73, March.
  • Handle: RePEc:sae:amerec:v:66:y:2021:i:1:p:61-73
    DOI: 10.1177/0569434520973989
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    More about this item

    Keywords

    Federal Reserve System; data; history; FRED;
    All these keywords.

    JEL classification:

    • N22 - Economic History - - Financial Markets and Institutions - - - U.S.; Canada: 1913-
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General

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