Eco 372 Week 2 Reflection

Learning Team A Reflection

There are many databases to research historical economic data and forecast future economic data. This week's topics help understand the data we are looking at which once understood can help us improve the economic future within our country. Understanding our strengths and weaknesses will also help us find economic data to improve the economy.

The Federal Reserve Economic Data, also known as FRED, is a resource for historical economic data. FRED is an online database with thousands of economic data from different resources. It is maintained by the Research Department at the Federal Reserve Bank of St. Louise. FRED combines data with other tools that help users understand, interact and display the data. This is important because the data...