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GeoFRED
A great tool for teachers and students. Create color-coded maps of labor force, population, unemployment and more.
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CASSIDI
Review corporate relationships of banks. Analyze banking markets. Conduct pro forma HHI analysis.
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FREDGraph
Create line, bar, pie, and scatter graphs of economic data. Completely customizable.
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FRED
The largest FREE economic database of its kind with over 20,000 time series available.
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CRE8
Conducts regional research. Connects community leaders and academic institutions. Assesses 8th District economic conditions.
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FRASER
Access historical publications and statistical releases provided in searchable PDFs of scanned originals.
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ALFRED
Takes you back in time to view historical data, reproduce past research, and build more accurate forecasting models.
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Liber8
An extensive collection of links to key economic data, dictionaries, research, and more.
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Negating the Inflation Potential of the Fed's Lending Programs By Daniel L. Thornton
(posted on 2009-07-01)
Uncertainty About When the Fed Will Raise Interest Rates By Michael W. McCracken
(posted on 2009-06-18)
Dating the End of the Recession: Evaluating the Economic Indicators By Kevin L. Kliesen
(posted on 2009-06-12)
The U.S. Financial Sector's Value Added: Trends Now and Then By Chanont Banternghansa and Adrian Peralta-Alva
(posted on 2009-06-10) More Economic Synopses...
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"What Do We Know (And Not Know) About Potential Output?" by Susanto Basu and John G. Fernald
Potential output is an important concept in economics. Policymakers often use a one-sector neoclassical model to think about long-run growth, and they often assume that potential output is a smooth series in the short run—approximated by a medium- or long-run estimate.
"Issues on Potential Growth Measurement and Comparison: How Structural Is the Production Function Approach?" by Christophe Cahn and Arthur Saint-Guilhem
This article aims to better understand the factors driving fluctuations in potential output measured by the production function approach (PFA.) To do so, the authors integrate a production function definition of potential output into a large-scale dynamic stochastic general equilibrium (DSGE) model in a fully consistent manner and give two estimated versions based on U.S. and euro-area data.
"Parsing Shocks: Real-Time Revisions to Gap and Growth Projections for Canada" by Russell Barnett, Sharon Kozicki, and Christopher Petrinec
The output gap—the deviation of output from potential output—has played an important role in the conduct of monetary policy in Canada. This paper reviews the Bank of Canada’s definition of potential output, as well as the use of the output gap in monetary policy.
"The Challenges of Estimating Potential Output in Real Time" by Robert W. Arnold
Potential output is an estimate of the level of gross domestic product attainable when the economy is operating at a high rate of resource use. A summary measure of the economy’s productive capacity, potential output plays an important role in the Congressional Budget Office (CBO)’s economic forecast and projection.
"Trends in the Aggregate Labor Force" by Kenneth J. Matheny
Trend growth in the labor force is a key determinant of trends in employment and gross domestic product (GDP). Forecasts by Macroeconomic Advisers (MA) have long anticipated a marked slowing in trend growth of the labor force that would contribute to a slowing in potential GDP growth.
"Potential Output in a Rapidly Developing Economy: The Case of China and a Comparison with the United States and the European Union" by Jinghai Zheng, Angang Hu, and Arne Bigsten
The authors use a growth accounting framework to examine growth of the rapidly developing Chinese economy. Their findings support the view that, although feasible in the intermediate term, China’s recent pattern of extensive growth is not sustainable in the long run.
"Estimating U.S. Output Growth with Vintage Data in a State-Space Framework" by Richard G. Anderson and Charles S. Gascon
This study uses a state-space model to estimate the “true” unobserved measure of total output in the U.S. economy. The analysis uses the entire history (i.e., all vintages) of selected real-time data series to compute revisions and corresponding statistics for those series.
More Review Articles ...
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CPI
-1.0% in May 2009, % Chg. Year Ago
(Revision Graph)
 CPI Graph - Latest Revisions
Real GDP
-5.5% in 2009Q1, Comp. Ann. Rate of Chg.
(Revision Graph)
 Real GDP Graph - Latest Revisions
IP
-1.1% in May 2009, % Chg.
(Revision Graph)
 IP Graph - Latest Revisions
10-Yr. Treas. Rate
3.55% on 2009-07-01
US/Euro FX Rate
1.406 on 2009-06-26
Japan/US FX Rate
95.19 on 2009-06-26
Civ. Unemploy. Rate
9.5% in Jun 2009
(Revision Graph)
 Civ. Unemploy. Rate Graph - Latest Revisions
Payroll Employment
-467.0 in Jun 2009, Chg.
(Revision Graph)
 Payroll Employment Graph - Latest Revisions
Initial Jobless Claims
615,250 on 2009-06-27
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U.S. Financial Data, July 2 Issue A weekly publication that includes charts and tables relating to weekly monetary and reserve aggregates, selected interest rates, commercial bank loans, and more. (2009-07-02) More USFD...
National Economic Trends, July Issue A monthly publication that presents a snapshot of the U.S. economy. (2009-07-02) More NET...
International Economic Trends - Annual Edition, July Issue A graphical presentation of key economic data covering 32 countries and the euro area. Includes data on output, inflation, monetary aggregates, interest rates, government budgets, current accounts, exchange rates, and foreign exchange reserves. (2009-06-29) More Annual IET...
Monetary Trends, July Issue A monthly publication that reviews U.S. monetary and financial conditions with an emphasis on various measures of the monetary policy stance. (2009-06-16) More MT...
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