Federal Reserve Economic Data (FRED)

Business Profile

Core Value Proposition

FRED provides comprehensive economic data and tools to download, graph, and track economic time series from various global sources.

Target Customer

Economists, financial analysts, researchers, policy makers, and academics who need access to extensive economic data for analysis and decision-making.

Key Differentiator

FRED offers a vast database of over 841,000 economic time series from 118 sources, fully integrated with tools like Excel add-ins and API for seamless data access.

Implementation Timeline

Immediate access to data upon installation of tools like the FRED Excel add-in.

Pain Points

1Need for reliable and comprehensive economic data for analysis.
2Time-consuming process of collecting and organizing macroeconomic data.
3Difficulty in accessing historical and current economic data in a user-friendly format.

Key Features

1Access to 841,000 economic time series data from 118 sources.
2FRED Add-in for Excel for direct data downloads and updates.
3FRED API for programmatic access to data.
4Mobile apps for on-the-go data access.
5Historical economic data exploration with ALFRED and FRASER.

Target Customer Industries

Decision Makers

1Economist
2Financial Analyst
3Researcher
4Policy Maker

Client Results

1Improved efficiency in data collection and analysis.
2Enhanced ability to track and interpret economic trends.
3Accelerated economic research and policy development.

Competitive Advantages

1Extensive database of economic time series.
2Integration with popular tools such as Microsoft Excel.
3Free access to a wide variety of data sources and series.

Key Benefits

1Access to a broad range of economic data.

2Ease of data integration and manipulation with Excel.

3Free and comprehensive data access.

Additional Product Information

Product Description

FRED is a comprehensive economic data platform that provides access to extensive time series data and tools for analysis.

Target Market

Individuals and organizations needing economic data for analysis, including finance and government sectors.

Unique Value Proposition

FRED's unique combination of vast data availability and integration with widely-used tools like Excel makes it an invaluable resource for economic analysis.

Technical Requirements

Microsoft Excel for using the FRED Add-in.

Pricing Model

Free access to data and tools.

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