Chat with us, powered by LiveChat Go to the St. Louis Fed FRED economic data platform - Essayabode

Go to the St. Louis Fed FRED economic data platform

Order Instructions
Go to the St. Louis Fed FRED economic data platform (fred.stlouisfed.org) and create
a new account if you do not have one already. Please watch my lecture video where I show
how to access data via the FRED website and create graphs with recession shading in Excel.
If you want to install the FRED Excel add-in (PC only) there is a pdf guide on CANVAS
as well.
Make sure you submit me the xls file/script you used.
1. Download the series for real GDP in Billions of Chained 2012 Dollars, Quarterly,
Seasonally Adjusted from Q1 1960 to the latest available.
2. Download the series for Total Nonfarm Payroll employment (Monthly) from Jan. 1960
to the latest available.
3. Download the series NBER based Recession Indicators for the United States.
4. Plot all three on the same graph, with time in the X-axis, real GDP on the left Y-axis,
and employment on the right Y-axis. For the recession indicator create a light gray
bar chart (this is called “recession shading”). Hint: the recession indicator takes the
value 0 or 1, so you will have to adjust the height according to one of the Y-axis to
make it visible.
5. What can you say about the relationship between the 3 series? How does the latest
dip in economic activity compare to previous recessions? (your answer should be no
longer than 5 lines).
Final instructions: create a single-page pdf with the graph you produced and the short
sentence describing the relationship between the series.

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?