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NOTES

Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product  

Units:  Billions of Chained 2012 Dollars, Seasonally Adjusted Annual Rate

Frequency:  Quarterly

Notes:

BEA Account Code: A191RX

Real gross domestic product is the inflation adjusted value of the goods and services produced by labor and property located in the United States.For more information see the Guide to the National Income and Product Accounts of the United States (NIPA). For more information, please visit the Bureau of Economic Analysis.

Suggested Citation:

U.S. Bureau of Economic Analysis, Real Gross Domestic Product [GDPC1], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPC1, January 24, 2020.

Source: U.S. Congressional Budget Office  

Release: Budget and Economic Outlook  

Units:  Billions of Chained 2012 Dollars, Not Seasonally Adjusted

Frequency:  Quarterly

Notes:

Real potential GDP is the CBO’s estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.

Suggested Citation:

U.S. Congressional Budget Office, Real Potential Gross Domestic Product [GDPPOT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPPOT, January 24, 2020.

Source: Federal Reserve Bank of Atlanta  

Release: Sticky Price CPI  

Units:  Percent Change, Seasonally Adjusted

Frequency:  Monthly

Notes:

The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price. For further information about Sticky Price CPI, go to http://www.clevelandfed.org/Research/commentary/2010/2010-2.cfm.

Suggested Citation:

Federal Reserve Bank of Atlanta, Sticky Price Consumer Price Index [STICKCPIM157SFRBATL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/STICKCPIM157SFRBATL, January 24, 2020.

Source: Federal Reserve Bank of Dallas  

Release: Trimmed Mean PCE Inflation Rate  

Units:  Percent Change at Annual Rate, Seasonally Adjusted

Frequency:  Monthly

Notes:

The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.

Suggested Citation:

Federal Reserve Bank of Dallas, Trimmed Mean PCE Inflation Rate [PCETRIM1M158SFRBDAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PCETRIM1M158SFRBDAL, January 24, 2020.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Percent, Seasonally Adjusted

Frequency:  Monthly

Notes:

The unemployment rate represents the number of unemployed as a percentage of the labor force. Labor force data are restricted to people 16 years of age and older, who currently reside in 1 of the 50 states or the District of Columbia, who do not reside in institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.

This rate is also defined as the U-3 measure of labor underutilization.

The series comes from the 'Current Population Survey (Household Survey)'

The source code is: LNS14000000

Suggested Citation:

U.S. Bureau of Labor Statistics, Unemployment Rate [UNRATE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/UNRATE, January 24, 2020.

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