Everybody Loves FRED: How America Fell for a Data Tool
Published On Dec 6, 2024, 5:00 AM
The article discusses the rising popularity of FRED (Federal Reserve Economic Data), a data tool from the St. Louis Fed that has become highly influential due to its accessibility and user-friendly graphs. With nearly 15 million users reported in 2023, FRED is utilized for a variety of economic data inquiries, appealing to a diverse audience. Its charts have gained traction across the political spectrum and are often used by economists and educators, reflecting its vital role in economic discussions and decision-making.
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FRED's increasing popularity suggests a growing interest in economic data accessibility and analytics, which could benefit financial services, fintech companies, and educational institutions focused on economic studies.
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