FRED Economic Data

The FRED Economic Data app is a tool designed to provide users with access to a vast array of economic data. Known as FRED, which stands for Federal Reserve Economic Data, this application is available for the Android platform and can be downloaded for free. It offers over 508,000 economic data series sourced from 85 regional, national, and international entities, making it a valuable resource for individuals interested in understanding economic trends and statistics.

Users can browse through the data by categorizing it into various subjects, releases, and sources. The app also allows for keyword and series ID searches, making it easier to find specific information. This organized structure enables users to efficiently locate the data they need without unnecessary complications.

FRED facilitates the viewing and creation of custom graphs, allowing users to visualize the data in a way that best suits their needs. This feature is particularly beneficial for students and professionals who may need to present data visually for reports or presentations. The ability to customize graphs enhances the understanding of economic indicators and trends.

For those who frequently use certain data series, FRED includes a feature that allows users to store their favorite series for quick access. This personalization ensures that users can easily return to the data they rely on most, streamlining the process of data analysis. Additionally, the app supports sharing capabilities, enabling users to send their favorite data series or graphs via email or post them directly to social media platforms like Twitter and Facebook. This functionality encourages collaboration and discussion among peers and colleagues.

Users can stay informed about the latest developments in economic data through the app's news feature. This section provides updates on new data series, revisions, and research conducted by the St. Louis Fed. Keeping abreast of these updates can enhance users’ understanding of current economic conditions and provide context for their analyses.

FRED is equipped with a user-friendly interface that makes navigation straightforward. Even those who may not be familiar with economic data can quickly learn how to use the app effectively. The design emphasizes ease of use, ensuring that users can find what they need without unnecessary frustration.

The app also caters to a wide range of users, including students, financial market professionals, and academics. Its versatility makes it an excellent tool for anyone with an interest in economic data, whether for educational purposes or professional analysis. The diverse range of available data series allows users to explore various economic indicators, providing a holistic view of the economy.

One notable aspect of the FRED app is its emphasis on data accuracy and reliability. The information is sourced from reputable organizations, including the Federal Reserve and other recognized institutions. This focus on quality ensures that users can trust the data they are working with, which is essential for making informed decisions based on economic indicators.

In addition to its extensive data repository, FRED offers resources for users who may want to delve deeper into economic research. The app provides access to publications and studies produced by the St. Louis Fed, which can serve as valuable references for users looking to enhance their knowledge of economic principles and data interpretation.

Moreover, FRED is continuously updated to reflect the latest economic data and research findings. This commitment to providing current information allows users to rely on the app for their economic data needs without the concern of outdated statistics.

The FRED Economic Data app serves as an essential resource for anyone looking to engage with economic data. Its combination of accessibility, functionality, and reliable information makes it a practical choice for a diverse audience. The ability to create custom graphs, store favorite data, and receive updates on new information contributes to a comprehensive user experience.

With its user-oriented features and extensive database, the FRED app stands out as a significant tool for understanding economic trends. Users can easily navigate through the vast array of data, making informed analyses and decisions based on accurate information. The FRED app is a valuable companion for those interested in economics, providing the tools needed to explore and understand the complexities of economic data.

For more information about the app, please contact the St. Louis Fed at webmaster@research.stlouisfed.org.