FRED Lessons


Cecchetti and Schoenholtz 4e systematically integrates the use of economic and financial data from FRED, the online database provided by the Federal Reserve Bank of St. Louis. FRED offers more than 250,000 time series nearly 80 sources, including data on about 200 countries.


Easy access to FRED for Cecchetti and Schoenholtz 5e

FRED data codes for 5e (Excel file with complete and chapter-by-chapter lists)
Online Published Data List for 5e (FRED website). [Using the published data list, you
can select any FRED series used in 5e and immediately display its complete chart.]
Custom video training tutorials are available at this YouTube channel.
Introduction to FRED (video)
  • Data
    • Adding a Time Series shows how to introduce another indicator into an existing graph.
    • Changing the Period shows how to alter the observation date range.
    • Changing the Frequency shows how to shift between frequency options (ranging from daily through annual) and to select aggregation options (e.g. average, sum, end of period).
    • Changing Units shows how to shift among standard transformations including Index, Change from year Ago, Percent Change, and Percent Change from Year Ago.
    • Custom Formulas and Transformations shows how to create your own algebraic formula for combining two indicators on one line.
    • Download data from a graph to an Excel spreadsheet by clicking on “Download Data” in the box to the left of the graph.
  • Graph appearance
    • Type shows you how to select, Line, Area, Bar, Pie, or Scatter plots.
    • Size shows how to resize the graph.
    • Lines and Marker Styles shows how to alter the format of a line and the markers for data points.
    • You can also change the background, fonts, text sizes, and text colors.
  • Sharing Graph Weblinks shows how to send links of a graph using email or social media like Twitter or Facebook.
  • Copying Graphs to Other Files shows how to download a graph image (as a PDF, PNG or JPG file) for inclusion in a Word or Powerpoint document.
  • Save graph (click on “Save Graph” in the box to the left of the graph – must be logged into user account.
User Accounts explains how to establish an account. A user account lets you save and recall graphs with custom graph settings. You can quickly update saved graphs and apply saved graph settings to new graphs that you create.
FAQs includes notes on data lists, tags, and other miscellaneous matters.

FRED Tutorials

Economics Blogs 2017

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