Real-Time Data Set

Quick Links

The real-time data set consists of vintages, or snapshots, of time series of major macroeconomic variables. The data set may be used by macroeconomic researchers to verify empirical results, to analyze policy, or to forecast. New vintages are added shortly after the 15th day of the middle month of each quarter.Questions, corrections, suggestions? Please e-mail us.

Historical Data Files

Download data and documentation: From this link, you can download the data and obtain documentation.

Background Reading

To understand the purposes and structure of the data set, please read one of the following documents.

Background for researchers: Research economists should read the journal article: "A Real-Time Data Set for Macroeconomists," Dean Croushore and Tom Stark, Journal of Econometrics 105 (November 2001), pp. 111-130. This is the preferred article to cite for technical journal articles. Additional research results not published in the Journal of Econometrics article can be found in "A Real-Time Data Set for Macroeconomists," Dean Croushore and Tom Stark, Working Paper 99-4, June 1999.
Nontechnical background reading: Noneconomists will find the following article from the Philadelphia Fed's Business Review more helpful, since it requires less technical knowledge: "A Funny Thing Happened on the Way to the Data Bank: A Real-Time Data Set for Macroeconomists," Dean Croushore and Tom Stark, Federal Reserve Bank of Philadelphia Business Review, September/October 2000.

Resources

Bibliography: (links to Dean Croushore's web page)
Changes: Check the status of the data sets for errata or additional variables.
Recession Dating and Real-Time Data, Research Rap Special Report, June 2008
(PDF, 80 KB, 8 pages)
2007 Conference on Real-Time Data Analysis and Methods in Economics: View the program and download papers from this April 2007 conference that brought together leading researchers in all areas of real-time data analysis.
2001 Conference on Real-Time Data Analysis: View the program and download papers from this October 2001 conference that brought together researchers doing real-time data analysis on topics related to macroeconomics, forecasting, and monetary policy.
Data needed: We need historical data to fill in some gaps in our data set.
Links to other real-time data sets

Acknowledgments

Thanks to those who helped us with the data.