Appendix

FRED-QD is a quarterly frequency companion to FRED-MD. It is designed to emulate the dataset

used in “Disentangling the Channels of the 2007-2009 Recession” by Stock and Watson (2012,
NBER WP No. 18094) but also contains several additional series. The columns denote the fol-
lowing: (i) id denotes the series number, (ii) sw id denotes the series number in SW (2012), (iii)
tcode denotes one of the following data transformations for a series x: (1) no transformation; (2)
∆xt ; (3) ∆2 xt ; (4) log(xt ); (5) ∆ log(xt ); (6) ∆2 log(xt ). (7) ∆(xt /xt−1 − 1.0), (iv) sw factors
denotes whether a series was used in SW (2012) when constructing factors (i.e. 1 is yes and 0 is
no), (v) fred mnemonic denotes the mnemonic we use for the dataset, (vi) sw mnemonic denotes
the mnemonic used in SW (2012), and (vii) description gives a brief definition of the series. The
series are loosely grouped based on SW (2012).

Details on construction of the data will be forthcoming but a few general comments are in order.
First, if the FRED mnemonic does not end in “x” then the series comes directly from the FRED
database (e.g. PCECC96; real PCE). Otherwise, the series is a modified variant of a series from
FRED (e.g. PCDGx; nominal PCE durables is manually deflated using its own price index). The
exception to this rule is the S&P data which is taken from public sources. Lastly, monthly frequency
series are aggregated to a quarterly frequency using averages.

1
 Group 1: NIPA
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 1 1 5 0 GDPC1 GDP Real Gross Domestic Product, 3 Decimal (Billions of Chained 2017 Dollars)
2 2 2 5 0 PCECC96 Consumption Real Personal Consumption Expenditures (Billions of Chained 2017 Dollars)
3 3 3 5 1 PCDGx Cons:Dur Real personal consumption expenditures: Durable goods (Billions of Chained
2017 Dollars), deflated using its own price index
4 4 4 5 1 PCESVx Cons:Svc Real Personal Consumption Expenditures: Services (Billions of 2017 Dollars),
deflated using its own price index
5 5 5 5 1 PCNDx Cons:NonDur Real Personal Consumption Expenditures: Nondurable Goods (Billions of 2017
Dollars), deflated using its own price index
6 6 6 5 0 GPDIC1 Investment Real Gross Private Domestic Investment, 3 decimal (Billions of Chained 2017
Dollars)
7 7 7 5 0 FPIx FixedInv Real private fixed investment (Billions of Chained 2017 Dollars), deflated
using its own price index
8 8 8 5 1 Y033RC1Q027SBEAx Inv:Equip&Software Real Gross Private Domestic Investment: Fixed Investment: Nonresidential:
Equipment (Billions of Chained 2017 Dollars), deflated using its own price index
9 9 9 5 1 PNFIx FixInv:NonRes Real private fixed investment: Nonresidential (Billions of Chained 2017
Dollars), deflated using its own price index
10 10 10 5 1 PRFIx FixedInv:Res Real private fixed investment: Residential (Billions of Chained 2017 Dollars),

2
deflated using its own price index
11 11 11 1 1 A014RE1Q156NBEA Inv:Inventories Shares of gross domestic product: Gross private domestic investment: Change
in private inventories (Percent)
12 12 12 5 0 GCEC1 Gov.Spending Real Government Consumption Expenditures & Gross Investment (Billions of
Chained 2017 Dollars)
13 13 13 1 1 A823RL1Q225SBEA Gov:Fed Real Government Consumption Expenditures and Gross Investment: Federal
(Percent Change from Preceding Period)
14 14 14 5 1 FGRECPTx Real Gov Receipts Real Federal Government Current Receipts (Billions of Chained 2017 Dollars),
deflated using its own price index
15 15 15 5 1 SLCEx Gov:State&Local Real government state and local consumption expenditures (Billions of
Chained 2017 Dollars), deflated using its own price index
16 16 16 5 1 EXPGSC1 Exports Real Exports of Goods & Services, 3 Decimal (Billions of Chained 2017
Dollars)
17 17 17 5 1 IMPGSC1 Imports Real Imports of Goods & Services, 3 Decimal (Billions of Chained 2017
Dollars)
18 18 18 5 0 DPIC96 Disp-Income Real Disposable Personal Income (Billions of Chained 2017 Dollars)
19 19 19 5 0 OUTNFB Ouput:NFB Nonfarm Business Sector: Real Output (Index 2017=100)
20 20 20 5 0 OUTBS Output:Bus Business Sector: Real Output (Index 2017=100)
21 21 21 5 0 OUTMS Output:Manuf Manufacturing Sector: Real Output (Index 2017=100)
22 190 n.a. 2 0 B020RE1Q156NBEA Shares of gross domestic product: Exports of goods and services (Percent)
23 191 n.a. 2 0 B021RE1Q156NBEA Shares of gross domestic product: Imports of goods and services (Percent)
 Group 2: Industrial Production
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 22 22 5 0 INDPRO IP:Total index Industrial Production Index (Index 2017=100)
2 23 23 5 0 IPFINAL IP:Final products Industrial Production: Final Products (Market Group) (Index 2017=100)
3 24 24 5 0 IPCONGD IP:Consumer goods Industrial Production: Consumer Goods (Index 2017=100)
4 25 25 5 0 IPMAT IP:Materials Industrial Production: Materials (Index 2017=100)
5 26 26 5 1 IPDMAT IP:Dur gds materials Industrial Production: Durable Materials (Index 2017=100)
6 27 27 5 1 IPNMAT IP:Nondur gds materials Industrial Production: Nondurable Materials (Index 2017=100)
7 28 28 5 1 IPDCONGD IP:Dur Cons. Goods Industrial Production: Durable Consumer Goods (Index 2017=100)
8 29 29 5 1 IPB51110SQ IP:Auto Industrial Production: Durable Goods: Automotive products (Index 2017=100)
9 30 30 5 1 IPNCONGD IP:NonDur Cons God Industrial Production: Nondurable Consumer Goods (Index 2017=100)
10 31 31 5 1 IPBUSEQ IP:Bus Equip Industrial Production: Business Equipment (Index 2017=100)
11 32 32 5 1 IPB51220SQ IP:Energy Prds Industrial Production: Consumer energy products (Index 2017=100)
12 33 33 1 1 TCU Capu Tot Capacity Utilization: Total Industry (Percent of Capacity)
13 34 34 1 1 CUMFNS Capu Man. Capacity Utilization: Manufacturing (SIC) (Percent of Capacity)
14 194 n.a. 5 0 IPMANSICS Industrial Production: Manufacturing (SIC) (Index 2017=100)
15 195 n.a. 5 0 IPB51222S Industrial Production: Residential Utilities (Index 2017=100)
16 196 n.a. 5 0 IPFUELS Industrial Production: Fuels (Index 2017=100)

3
 Group 3: Employment and Unemployment
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 35 35 5 0 PAYEMS Emp:Nonfarm All Employees: Total nonfarm (Thousands of Persons)
2 36 36 5 0 USPRIV Emp:Private All Employees: Total Private Industries (Thousands of Persons)
3 37 37 5 0 MANEMP Emp:mfg All Employees: Manufacturing (Thousands of Persons)
4 38 38 5 0 SRVPRD Emp:Services All Employees: Service-Providing Industries (Thousands of Persons)
5 39 39 5 0 USGOOD Emp:Goods All Employees: Goods-Producing Industries (Thousands of Persons)
6 40 40 5 1 DMANEMP Emp:DurGoods All Employees: Durable goods (Thousands of Persons)
7 41 41 5 0 NDMANEMP Emp:Nondur Goods All Employees: Nondurable goods (Thousands of Persons)
8 42 42 5 1 USCONS Emp:Const All Employees: Construction (Thousands of Persons)
9 43 43 5 1 USEHS Emp:Edu&Health All Employees: Education & Health Services (Thousands of Persons)
10 44 44 5 1 USFIRE Emp:Finance All Employees: Financial Activities (Thousands of Persons)
11 45 45 5 1 USINFO Emp:Infor All Employees: Information Services (Thousands of Persons)
12 46 46 5 1 USPBS Emp:Bus Serv All Employees: Professional & Business Services (Thousands of Persons)
13 47 47 5 1 USLAH Emp:Leisure All Employees: Leisure & Hospitality (Thousands of Persons)
14 48 48 5 1 USSERV Emp:OtherSvcs All Employees: Other Services (Thousands of Persons)
15 49 49 5 1 USMINE Emp:Mining/NatRes All Employees: Mining and logging (Thousands of Persons)
16 50 50 5 1 USTPU Emp:Trade&Trans All Employees: Trade, Transportation & Utilities (Thousands of Persons)
17 51 51 5 0 USGOVT Emp:Gov All Employees: Government (Thousands of Persons)

4
18 52 52 5 1 USTRADE Emp:Retail All Employees: Retail Trade (Thousands of Persons)
19 53 53 5 1 USWTRADE Emp:Wholesal All Employees: Wholesale Trade (Thousands of Persons)
20 54 54 5 1 CES9091000001 Emp:Gov(Fed) All Employees: Government: Federal (Thousands of Persons)
21 55 55 5 1 CES9092000001 Emp:Gov (State) All Employees: Government: State Government (Thousands of Persons)
22 56 56 5 1 CES9093000001 Emp:Gov (Local) All Employees: Government: Local Government (Thousands of Persons)
23 57 57 5 0 CE16OV Emp:Total (HHSurve) Civilian Employment (Thousands of Persons)
24 58 58 2 0 CIVPART LF Part Rate Civilian Labor Force Participation Rate (Percent)
25 59 59 2 0 UNRATE Unemp Rate Civilian Unemployment Rate (Percent)
26 60 60 2 0 UNRATESTx Urate ST Unemployment Rate less than 27 weeks (Percent)
27 61 61 2 0 UNRATELTx Urate LT Unemployment Rate for more than 27 weeks (Percent)
28 62 62 2 1 LNS14000012 Urate:Age16-19 Unemployment Rate - 16 to 19 years (Percent)
29 63 63 2 1 LNS14000025 Urate:Age>20 Men Unemployment Rate - 20 years and over, Men (Percent)
30 64 64 2 1 LNS14000026 Urate:Age>20 Women Unemployment Rate - 20 years and over, Women (Percent)
31 65 65 5 1 UEMPLT5 U:Dur<5wks Number of Civilians Unemployed - Less Than 5 Weeks (Thousands of Persons)
32 66 66 5 1 UEMP5TO14 U:Dur5-14wks Number of Civilians Unemployed for 5 to 14 Weeks (Thousands of Persons)
33 67 67 5 1 UEMP15T26 U:dur>15-26wks Number of Civilians Unemployed for 15 to 26 Weeks (Thousands of Persons)
34 68 68 5 1 UEMP27OV U:Dur>27wks Number of Civilians Unemployed for 27 Weeks and Over (Thousands of Persons)
35 69 69 5 1 LNS13023621 U:Job losers Unemployment Level - Job Losers (Thousands of Persons)
36 70 70 5 1 LNS13023557 U:LF Reenty Unemployment Level - Reentrants to Labor Force (Thousands of Persons)
37 71 71 5 1 LNS13023705 U:Job Leavers Unemployment Level - Job Leavers (Thousands of Persons)
38 72 72 5 1 LNS13023569 U:New Entrants Unemployment Level - New Entrants (Thousands of Persons)
 Group 3: Employment and Unemployment, continued
sw
id sw id tcode factors fred mnemonic sw mnemonic description
39 73 73 5 1 LNS12032194 Emp:SlackWk Employment Level - Part-Time for Economic Reasons, All Industries (Thousands of
Persons)
40 74 74 5 0 HOABS EmpHrs:Bus Sec Business Sector: Hours of All Persons (Index 2017=100)
41 75 75 5 0 HOAMS EmpHrs:mfg Manufacturing Sector: Hours of All Persons (Index 2017=100)
42 76 76 5 0 HOANBS EmpHrs:nfb Nonfarm Business Sector: Hours of All Persons (Index 2017=100)
43 77 77 1 1 AWHMAN AWH Man Average Weekly Hours of Production and Nonsupervisory Employees: Manufacturing
(Hours)
44 78 78 2 1 AWHNONAG AWH Privat Average Weekly Hours Of Production And Nonsupervisory Employees: Total private
(Hours)
45 79 79 2 1 AWOTMAN AWH Overtime Average Weekly Overtime Hours of Production and Nonsupervisory Employees:
Manufacturing (Hours)
46 80 80 1 0 HWIx HelpWnted Help-Wanted Index
47 197 n.a. 2 0 UEMPMEAN Average (Mean) Duration of Unemployment (Weeks)
48 198 n.a. 2 0 CES0600000007 Average Weekly Hours of Production and Nonsupervisory Employees: Goods-Producing
49 220 n.a. 2 0 HWIURATIOx Ratio of Help Wanted/No. Unemployed
50 221 n.a. 5 0 CLAIMSx Initial Claims

5
 Group 4: Housing
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 81 81 5 0 HOUST Hstarts Housing Starts: Total: New Privately Owned Housing Units Started (Thousands of
Units)
2 82 82 5 0 HOUST5F Hstarts ¿5units Privately Owned Housing Starts: 5-Unit Structures or More (Thousands of Units)
3 83 83 5 1 PERMIT Hpermits New Private Housing Units Authorized by Building Permits (Thousands of Units)
4 84 84 5 1 HOUSTMW Hstarts:MW Housing Starts in Midwest Census Region (Thousands of Units)
5 85 85 5 1 HOUSTNE Hstarts:NE Housing Starts in Northeast Census Region (Thousands of Units)
6 86 86 5 1 HOUSTS Hstarts:S Housing Starts in South Census Region (Thousands of Units)
7 87 87 5 1 HOUSTW Hstarts:W Housing Starts in West Census Region (Thousands of Units)
8 179 190 5 1 USSTHPI Real Hprice:OFHEO All-Transactions House Price Index for the United States (Index 1980 Q1=100)
9 180 191 5 1 SPCS10RSA Real CS 10 S&P/Case-Shiller 10-City Composite Home Price Index (Index January 2000 =
100)
10 181 192 5 1 SPCS20RSA Real CS 20 S&P/Case-Shiller 20-City Composite Home Price Index (Index January 2000 =
100)
11 227 n.a. 5 0 PERMITNE New Private Housing Units Authorized by Building Permits in the Northeast
Census Region (Thousands, SAAR)
12 228 n.a. 5 0 PERMITMW New Private Housing Units Authorized by Building Permits in the Midwest
Census Region (Thousands, SAAR)

6
13 229 n.a. 5 0 PERMITS New Private Housing Units Authorized by Building Permits in the South Census
Region (Thousands, SAAR)
14 230 n.a. 5 0 PERMITW New Private Housing Units Authorized by Building Permits in the West Census
Region (Thousands, SAAR)
 Group 5: Inventories, Orders, and Sales
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 88 89 5 0 CMRMTSPLx MT Sales Real Manufacturing and Trade Industries Sales (Millions of Chained 2017
Dollars)
2 89 90 5 1 RSAFSx Ret. Sale Real Retail and Food Services Sales (Millions of Chained 2017 Dollars), deflated
by Core PCE
3 90 91 5 1 AMDMNOx Orders (DurMfg) Real Manufacturers’ New Orders: Durable Goods (Millions of 2017 Dollars),
deflated by Core PCE
4 91 92 5 1 ACOGNOx Orders(ConsGoods/Mat.) Real Value of Manufacturers’ New Orders for Consumer Goods Industries
(Millions of 2017 Dollars), deflated by Core PCE
5 92 93 5 1 AMDMUOx UnfOrders(DurGds) Real Value of Manufacturers’ Unfilled Orders for Durable Goods Industries
(Millions of 2017 Dollars), deflated by Core PCE
6 93 94 5 1 ANDENOx Orders(NonDefCap) Real Value of Manufacturers’ New Orders for Capital Goods: Nondefense
Capital Goods Industries (Millions of 2017 Dollars), deflated by Core PCE
7 94 96 5 1 INVCQRMTSPL MT Invent Real Manufacturing and Trade Inventories (Millions of 2017 Dollars)
8 222 n.a. 5 0 BUSINVx Total Business Inventories (Millions of Dollars)
9 223 n.a. 2 0 ISRATIOx Total Business: Inventories to Sales Ratio

7
 Group 6: Prices
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 95 97 6 0 PCECTPI PCED Personal Consumption Expenditures: Chain-type Price Index (Index
2017=100)
2 96 98 6 0 PCEPILFE PCED LFE Personal Consumption Expenditures Excluding Food and Energy
(Chain-Type Price Index) (Index 2017=100)
3 97 99 6 0 GDPCTPI GDP Defl Gross Domestic Product: Chain-type Price Index (Index 2017=100)
4 98 100 6 1 GPDICTPI GPDI Defl Gross Private Domestic Investment: Chain-type Price Index (Index
2017=100)
5 99 101 6 1 IPDBS BusSec Defl Business Sector: Implicit Price Deflator (Index 2017=100)
6 100 102 6 0 DGDSRG3Q086SBEA PCED Goods Personal consumption expenditures: Goods (chain-type price index)
7 101 103 6 0 DDURRG3Q086SBEA PCED DurGoods Personal consumption expenditures: Durable goods (chain-type price
index)
8 102 104 6 0 DSERRG3Q086SBEA PCED Serv Personal consumption expenditures: Services (chain-type price index)
9 103 105 6 0 DNDGRG3Q086SBEA PCED NDurGoods Personal consumption expenditures: Nondurable goods (chain-type price
index)
10 104 106 6 0 DHCERG3Q086SBEA PCED HouseholdServ. Personal consumption expenditures: Services: Household consumption
expenditures (chain-type price index)
11 105 107 6 1 DMOTRG3Q086SBEA PCED MotorVec Personal consumption expenditures: Durable goods: Motor vehicles and

8
parts (chain-type price index)
12 106 108 6 1 DFDHRG3Q086SBEA PCED DurHousehold Personal consumption expenditures: Durable goods: Furnishings and
durable household equipment (chain-type price index)
13 107 109 6 1 DREQRG3Q086SBEA PCED Recreation Personal consumption expenditures: Durable goods: Recreational goods
and vehicles (chain-type price index)
14 108 110 6 1 DODGRG3Q086SBEA PCED OthDurGds Personal consumption expenditures: Durable goods: Other durable goods
(chain-type price index)
15 109 111 6 1 DFXARG3Q086SBEA PCED Food Bev Personal consumption expenditures: Nondurable goods: Food and
beverages purchased for off-premises consumption (chain-type price
index)
16 110 112 6 1 DCLORG3Q086SBEA PCED Clothing Personal consumption expenditures: Nondurable goods: Clothing and
footwear (chain-type price index)
17 111 113 6 1 DGOERG3Q086SBEA PCED Gas Enrgy Personal consumption expenditures: Nondurable goods: Gasoline and
other energy goods (chain-type price index)
18 112 114 6 1 DONGRG3Q086SBEA PCED OthNDurGds Personal consumption expenditures: Nondurable goods: Other
nondurable goods (chain-type price index)
19 113 115 6 1 DHUTRG3Q086SBEA PCED Housing-Utilities Personal consumption expenditures: Services: Housing and utilities
(chain-type price index)
20 114 116 6 1 DHLCRG3Q086SBEA PCED HealthCare Personal consumption expenditures: Services: Health care (chain-type
price index)
21 115 117 6 1 DTRSRG3Q086SBEA PCED TransSvg Personal consumption expenditures: Transportation services (chain-type
price index)
 Group 6: Prices, continued
sw
id sw id tcode factors fred mnemonic sw mnemonic description
22 116 118 6 1 DRCARG3Q086SBEA PCED RecServices Personal consumption expenditures: Recreation services (chain-type
price index)
23 117 119 6 1 DFSARG3Q086SBEA PCED FoodServ Acc. Personal consumption expenditures: Services: Food services and
accommodations (chain-type price index)
24 118 120 6 1 DIFSRG3Q086SBEA PCED FIRE Personal consumption expenditures: Financial services and insurance
(chain-type price index)
25 119 121 6 1 DOTSRG3Q086SBEA PCED OtherServices Personal consumption expenditures: Other services (chain-type price
index)
26 120 122 6 0 CPIAUCSL CPI Consumer Price Index for All Urban Consumers: All Items (Index
1982-84=100)
27 121 123 6 0 CPILFESL CPI LFE Consumer Price Index for All Urban Consumers: All Items Less Food &
Energy (Index 1982-84=100)
28 122 124 6 0 WPSFD49207 PPI:FinGds Producer Price Index by Commodity for Final Demand: Finished Goods
(Index 1982=100)
29 123 125 6 0 PPIACO PPI Producer Price Index for All Commodities (Index 1982=100)
30 124 126 6 1 WPSFD49502 PPI:FinConsGds Producer Price Index by Commodity for Final Demand: Personal
Consumption Goods (Finished Consumer Goods) (Index 1982=100)

9
31 125 127 6 1 WPSFD4111 PPI:FinConsGds(Food) Producer Price Index by Commodity for Finished Consumer Foods (Index
1982=100)
32 126 128 6 1 PPIIDC PPI:IndCom Producer Price Index by Commodity Industrial Commodities (Index
1982=100)
33 127 129 6 1 WPSID61 PPI:IntMat Producer Price Index by Commodity Intermediate Materials: Supplies &
Components (Index 1982=100)
34 128 133 5 1 WPU0531 Real Price:NatGas Producer Price Index by Commodity for Fuels and Related Products and
Power: Natural Gas (Index 1982=100)
35 129 134 5 1 WPU0561 Real Price:Oil Producer Price Index by Commodity for Fuels and Related Products and
Power: Crude Petroleum (Domestic Production) (Index 1982=100)
36 130 135 5 0 OILPRICEx Real Crudeoil Price Real Crude Oil Prices: West Texas Intermediate (WTI) - Cushing,
Oklahoma (2017 Dollars per Barrel), deflated by Core PCE
37 205 n.a. 6 0 WPSID62 Producer Price Index: Crude Materials for Further Processing (Index
1982=100)
38 206 n.a. 6 0 PPICMM Producer Price Index: Commodities: Metals and metal products: Primary
nonferrous metals (Index 1982=100)
39 207 n.a. 6 0 CPIAPPSL Consumer Price Index for All Urban Consumers: Apparel (Index
1982-84=100)
40 208 n.a. 6 0 CPITRNSL Consumer Price Index for All Urban Consumers: Transportation (Index
1982-84=100)
41 209 n.a. 6 0 CPIMEDSL Consumer Price Index for All Urban Consumers: Medical Care (Index
1982-84=100)
 Group 6: Prices, continued
sw
id sw id tcode factors fred mnemonic sw mnemonic description
42 210 n.a. 6 0 CUSR0000SAC Consumer Price Index for All Urban Consumers: Commodities (Index
1982-84=100)
43 211 n.a. 6 0 CUSR0000SAD Consumer Price Index for All Urban Consumers: Durables (Index
1982-84=100)
44 212 n.a. 6 0 CUSR0000SAS Consumer Price Index for All Urban Consumers: Services (Index
1982-84=100)
45 213 n.a. 6 0 CPIULFSL Consumer Price Index for All Urban Consumers: All Items Less Food
(Index 1982-84=100)
46 214 n.a. 6 0 CUSR0000SA0L2 Consumer Price Index for All Urban Consumers: All items less shelter
(Index 1982-84=100)
47 215 n.a. 6 0 CUSR0000SA0L5 Consumer Price Index for All Urban Consumers: All items less medical
care (Index 1982-84=100)
48 233 n.a. 6 0 CUSR0000SEHC CPI for All Urban Consumers: Owners’ equivalent rent of residences
(Index Dec 1982=100)

10
 Group 7: Earnings and Productivity
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 131 136 5 0 AHETPIx Real AHE:PrivInd Real Average Hourly Earnings of Production and Nonsupervisory Employees: Total
Private (2017 Dollars per Hour), deflated by Core PCE
2 132 137 5 0 CES2000000008x Real AHE:Const Real Average Hourly Earnings of Production and Nonsupervisory Employees:
Construction (2017 Dollars per Hour), deflated by Core PCE
3 133 138 5 0 CES3000000008x Real AHE:MFG Real Average Hourly Earnings of Production and Nonsupervisory Employees:
Manufacturing (2017 Dollars per Hour), deflated by Core PCE
4 134 139 5 1 COMPRMS CPH:Mfg Manufacturing Sector: Real Compensation Per Hour (Index 2017=100)
5 135 140 5 1 COMPRNFB CPH:NFB Nonfarm Business Sector: Real Compensation Per Hour (Index 2017=100)
6 136 141 5 1 RCPHBS CPH:Bus Business Sector: Real Compensation Per Hour (Index 2017=100)
7 137 142 5 1 OPHMFG OPH:mfg Manufacturing Sector: Real Output Per Hour of All Persons (Index 2017=100)
8 138 143 5 1 OPHNFB OPH:nfb Nonfarm Business Sector: Real Output Per Hour of All Persons (Index 2017=100)
9 139 144 5 0 OPHPBS OPH:Bus Business Sector: Real Output Per Hour of All Persons (Index 2017=100)
10 140 145 5 0 ULCBS ULC:Bus Business Sector: Unit Labor Cost (Index 2017=100)
11 141 146 5 1 ULCMFG ULC:Mfg Manufacturing Sector: Unit Labor Cost (Index 2017=100)
12 142 147 5 1 ULCNFB ULC:NFB Nonfarm Business Sector: Unit Labor Cost (Index 2017=100)
13 143 148 5 1 UNLPNBS UNLPay:nfb Nonfarm Business Sector: Unit Nonlabor Payments (Index 2017=100)
14 216 n.a. 6 0 CES0600000008 Average Hourly Earnings of Production and Nonsupervisory Employees:

11
Goods-Producing (Dollars per Hour)
 Group 8: Interest Rates
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 144 149 2 1 FEDFUNDS FedFunds Effective Federal Funds Rate (Percent)
2 145 150 2 1 TB3MS TB-3Mth 3-Month Treasury Bill: Secondary Market Rate (Percent)
3 146 151 2 0 TB6MS TM-6MTH 6-Month Treasury Bill: Secondary Market Rate (Percent)
4 147 153 2 0 GS1 TB-1YR 1-Year Treasury Constant Maturity Rate (Percent)
5 148 154 2 0 GS10 TB-10YR 10-Year Treasury Constant Maturity Rate (Percent)
6 149 155 2 0 MORTGAGE30US Mort-30Yr 30-Year Conventional Mortgage Rate (Percent)
©
7 150 156 2 0 AAA AAA Bond Moody’s Seasoned Aaa Corporate Bond Yield (Percent)
©
8 151 157 2 0 BAA BAA Bond Moody’s Seasoned Baa Corporate Bond Yield (Percent)
©
9 152 158 1 1 BAA10YM BAA GS10 Moody’s Seasoned Baa Corporate Bond Yield Relative to Yield on 10-Year Treasury
Constant Maturity (Percent)
10 153 159 1 1 MORTG10YRx MRTG GS10 30-Year Conventional Mortgage Rate Relative to 10-Year Treasury Constant Maturity
(Percent)
11 154 160 1 1 TB6M3Mx tb6m tb3m 6-Month Treasury Bill Minus 3-Month Treasury Bill, secondary market (Percent)
12 155 161 1 1 GS1TB3Mx GS1 tb3m 1-Year Treasury Constant Maturity Minus 3-Month Treasury Bill, secondary market
(Percent)
13 156 162 1 1 GS10TB3Mx GS10 tb3m 10-Year Treasury Constant Maturity Minus 3-Month Treasury Bill, secondary market
(Percent)

12
14 157 163 1 1 CPF3MTB3Mx CP Tbill Spread 3-Month Commercial Paper Minus 3-Month Treasury Bill, secondary market (Percent)
15 201 n.a. 2 0 GS5 5-Year Treasury Constant Maturity Rate
16 202 n.a. 1 0 TB3SMFFM 3-Month Treasury Constant Maturity Minus Federal Funds Rate
17 203 n.a. 1 0 T5YFFM 5-Year Treasury Constant Maturity Minus Federal Funds Rate
18 204 n.a. 1 0 AAAFFM Moody’s Seasoned Aaa Corporate Bond Minus Federal Funds Rate
19 225 n.a. 2 0 CP3M 3-Month AA Financial Commercial Paper Rate
20 226 n.a. 1 0 COMPAPFF 3-Month Commercial Paper Minus Federal Funds Rate
 Group 9: Money and Credit
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 158 167 5 0 BOGMBASEREALx Real Mbase Monetary Base (Millions of 1982-84 Dollars), deflated by CPI
3 160 169 5 0 M1REAL Real m1 Real M1 Money Stock (Billions of 1982-84 Dollars), deflated by CPI
4 161 170 5 0 M2REAL Real m2 Real M2 Money Stock (Billions of 1982-84 Dollars), deflated by CPI
5 163 172 5 1 BUSLOANSx Real C&Lloand Real Commercial and Industrial Loans, All Commercial Banks (Billions of 2017
U.S. Dollars), deflated by Core PCE
6 164 173 5 1 CONSUMERx Real ConsLoans Real Consumer Loans at All Commercial Banks (Billions of 2017 U.S. Dollars),
deflated by Core PCE
7 165 174 5 1 NONREVSLx Real NonRevCredit Total Real Nonrevolving Credit Owned and Securitized, Outstanding (Billions of 2017
Dollars), deflated by Core PCE
8 166 175 5 1 REALLNx Real LoansRealEst Real Real Estate Loans, All Commercial Banks (Billions of 2017 U.S. Dollars),
deflated by Core PCE
9 167 176 5 1 REVOLSLx Real RevolvCredit Total Real Revolving Credit Owned and Securitized, Outstanding (Billions of
2017 Dollars), deflated by Core PCE
10 168 177 5 0 TOTALSLx Real ConsuCred Total Consumer Credit Outstanding (Billions of 2017 Dollars), deflated by Core PCE
11 169 178 1 1 DRIWCIL FRBSLO Consumers FRB Senior Loans Officer Opions. Net Percentage of Domestic Respondents
Reporting Increased Willingness to Make Consumer Installment Loans
12 199 n.a. 6 0 TOTRESNS Total Reserves of Depository Institutions (Billions of Dollars)

13
13 200 n.a. 7 0 NONBORRES Reserves Of Depository Institutions, Nonborrowed (Millions of Dollars)
14 217 n.a. 6 0 DTCOLNVHFNM Consumer Motor Vehicle Loans Outstanding Owned by Finance Companies
(Millions of Dollars)
15 218 n.a. 6 0 DTCTHFNM Total Consumer Loans and Leases Outstanding Owned and Securitized by
Finance Companies (Millions of Dollars)
16 219 n.a. 6 0 INVEST Securities in Bank Credit at All Commercial Banks (Billions of Dollars)
 Group 10: Household Balance Sheets
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 170 179 5 0 TABSHNOx Real HHW:TASAReal Total Assets of Households and Nonprofit Organizations (Billions of 2017
Dollars), deflated by Core PCE
2 171 181 5 1 TLBSHNOx Real HHW:LiabSA Real Total Liabilities of Households and Nonprofit Organizations (Billions of 2017
Dollars), deflated by Core PCE
3 172 182 5 0 LIABPIx liab PDISA Liabilities of Households and Nonprofit Organizations Relative to Personal
Disposable Income (Percent)
4 173 183 5 1 TNWBSHNOx Real HHW:WSA Real Net Worth of Households and Nonprofit Organizations (Billions of 2017
Dollars), deflated by Core PCE
5 174 184 1 0 NWPIx W PDISA Net Worth of Households and Nonprofit Organizations Relative to Disposable
Personal Income (Percent)
6 175 185 5 1 TARESAx Real HHW:TA RESA Real Assets of Households and Nonprofit Organizations excluding Real Estate
Assets (Billions of 2017 Dollars), deflated by Core PCE
7 176 186 5 1 HNOREMQ027Sx Real HHW:RESA Real Real Estate Assets of Households and Nonprofit Organizations (Billions of
2017 Dollars), deflated by Core PCE
8 177 188 5 1 TFAABSHNOx Real HHW:FinSA Real Total Financial Assets of Households and Nonprofit Organizations (Billions
of 2017 Dollars), deflated by Core PCE
9 224 n.a. 2 0 CONSPIx Nonrevolving consumer credit to Personal Income

14
Group 11: Exchange Rates
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 182 193 5 1 TWEXAFEGSMTHx Ex rate:major Trade Weighted U.S. Dollar Index: Advanced Foreign Currencies (Index Jan 2006=100)
2 183 194 5 1 EXUSEU Ex rate:Euro U.S. / Euro Foreign Exchange Rate (U.S. Dollars to One Euro)
3 184 195 5 1 EXSZUSx Ex rate:Switz Switzerland / U.S. Foreign Exchange Rate
4 185 196 5 1 EXJPUSx Ex rate:Japan Japan / U.S. Foreign Exchange Rate
5 186 197 5 1 EXUSUKx Ex rate:UK U.S. / U.K. Foreign Exchange Rate
6 187 198 5 1 EXCAUSx EX rate:Canada Canada / U.S. Foreign Exchange Rate

Group 12: Other

sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 188 199 1 1 UMCSENTx Cons. Expectations University of Michigan: Consumer Sentiment (Index 1st Quarter 1966=100)
2 189 200 2 1 USEPUINDXM PolicyUncertainty Economic Policy Uncertainty Index for United States
 Group 13: Stock Markets
sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 178 189 1 1 VIXCLSx VIX CBOE Volatility Index: VIX
2 231 n.a. 5 0 NIKKEI225 Nikkei Stock Average
3 232 n.a. 5 0 NASDAQCOM NASDAQ Composite (Index Feb 5, 1971=100)
4 245 180 5 0 S&P 500 S&P’s Common Stock Price Index: Composite
5 247 n.a. 2 0 S&P: div yield S&P’s Composite Common Stock: Dividend Yield
6 248 n.a. 5 0 S&P PE ratio S&P’s Composite Common Stock: Price-Earnings Ratio

Group 14: Non-Household Balance Sheets

sw
id sw id tcode factors fred mnemonic sw mnemonic description
1 192 n.a. 2 0 GFDEGDQ188S Federal Debt: Total Public Debt as Percent of GDP (Percent)
2 193 n.a. 2 0 GFDEBTNx Real Federal Debt: Total Public Debt (Millions of 2017 Dollars), deflated by PCE
3 234 n.a. 5 0 TLBSNNCBx Real Nonfinancial Corporate Business Sector Liabilities (Billions of 2017 Dollars),
Deflated by Implicit Price Deflator for Business Sector IPDBS
4 235 n.a. 1 0 TLBSNNCBBDIx Nonfinancial Corporate Business Sector Liabilities to Disposable Business

15
Income (Percent)
5 236 n.a. 5 0 TTAABSNNCBx Real Nonfinancial Corporate Business Sector Assets (Billions of 2017 Dollars),
Deflated by Implicit Price Deflator for Business Sector IPDBS
6 237 n.a. 5 0 TNWMVBSNNCBx Real Nonfinancial Corporate Business Sector Net Worth (Billions of 2017 Dollars),
Deflated by Implicit Price Deflator for Business Sector IPDBS
7 238 n.a. 2 0 TNWMVBSNNCBBDIx Nonfinancial Corporate Business Sector Net Worth to Disposable Business Income
(Percent)
8 239 n.a. 5 0 TLBSNNBx Real Nonfinancial Noncorporate Business Sector Liabilities (Billions of 2017
Dollars), Deflated by Implicit Price Deflator for Business Sector IPDBS
9 240 n.a. 1 0 TLBSNNBBDIx Nonfinancial Noncorporate Business Sector Liabilities to Disposable Business
Income (Percent)
10 241 n.a. 5 0 TABSNNBx Real Nonfinancial Noncorporate Business Sector Assets (Billions of 2017 Dollars),
Deflated by Implicit Price Deflator for Business Sector IPDBS
11 242 n.a. 5 0 TNWBSNNBx Real Nonfinancial Noncorporate Business Sector Net Worth (Billions of 2017
Dollars), Deflated by Implicit Price Deflator for Business Sector IPDBS
12 243 n.a. 2 0 TNWBSNNBBDIx Nonfinancial Noncorporate Business Sector Net Worth to Disposable Business
Income (Percent)
13 244 n.a. 5 0 CNCFx Real Disposable Business Income, Billions of 2017 Dollars (Corporate cash flow
with IVA minus taxes on corporate income, deflated by Implicit Price Deflator for
Business Sector IPDBS)