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Thursday
, September 19 • 9:00am - 9:45am
Learning about Economic Data
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Seasonality
Why are some series “seasonally adjusted” and some not?
Visualizing seasonality: Compute the spread between two series
Units
Mind the units: Scale matters
Adjusted for inflation: nominal vs. real
Indexes
Mind the base period: Compare “apples-to-apples”
Re-base two indexes: CPI and PCE
Thursday September 19, 2019 9:00am - 9:45am PDT
St. Louis Fed is located at the Intersection of Fourth, St. Charles and Broadway