Uncover the Best Economic Data Sources in One Place! (2021 Edition)

Navigating the vast sea of economic data can be overwhelming for any data analyst. The plethora of sources and databases available can leave one scratching their head, unsure of where to turn. Fear not, for in this era of information overload, there are lifelines to help you find your way in the murky waters of economic statistics.

1. General Economic Data Sources:
   • St. Louis Fed FRED Economic Database: A treasure trove of thousands of time series on economic activity, easily accessible for download.
   • St. Louis Fed ALFRED Database: Sequential vintages of many series found in FRED.
   • CBO Data: Comprehensive Federal budget and national economic data with insightful projections.
   • IMF International Financial Statistics: A goldmine of international data available at various frequencies.
   • IMF World Economic Outlook Databases: Offering data and forecasts from 1980 onwards.
   • World Bank World Development Indicators: Annual data dating back to 1970.
   • OECD Main Economic Indicators: An essential resource for economic indicators.
   • BIS, ECB, DBnomics, ino.com, Penn World Tables, BEA Distribution, Philadelphia Fed State Coincident Indexes, IHS Markit, TradingEconomics, YCharts, MacroTrends, World Government Bonds, Investing.com: An array of databases offering valuable economic insights across a myriad of sectors.
2. Money and Finance Data Sources:
   • Bureau of Economic Analysis, Dept. of Commerce: A hub for GDP data and macroeconomic statistics.
   • Bureau of the Census, Dept. of Commerce: Providing in-depth data on the US population and firms.
   • Bureau of Labor Statistics, Dept. of Labor: Offering a comprehensive view of wages, prices, productivity, and employment rates.
   • Energy Information Agency, Dept. of Energy: Crucial data on energy production, consumption, and prices.
   • Economic Report of the President, Economic Indicators, NBER Data: Offering specialized economic databases and compilations of government economic data.
3. International Finance and Open Economy Data Sources:
   • Dive into the realm of international finance with a multitude of macroeconomic databases to explore.
4. Business Cycles, Historical Data, Surveys, Forecasts, and Uncertainty Indices:
   • An assortment of resources at your fingertips for analyzing business cycles, historical trends, survey data, forecasts, and gauging economic uncertainties.

With these resources at your disposal, no longer do you have to navigate the complex world of economic data alone. Arm yourself with the knowledge and insights provided by these databases and soar to new heights in your analytical endeavors. Embrace the wealth of information available and harness it to unlock the mysteries of the economic landscape. Remember, when faced with perplexing economic data, know that help is just a click away. Explore, analyze, and conquer the data wilderness with confidence and expertise.