خلاصہ: 1111 : The FRED Blog’s 1111th post
The FRED Blog has celebrated each time we’ve published 100 posts. The commentary on these milestones is sometimes only tenuously related to the number of the post, especially after we surpassed 1000. Today’s post is number 1111, which evokes thoughts of numerologists and data-conscious folk who need to point out when their clock shows 11:11. Today is also just a few days shy of November 11, Veterans Day this year. And, for some, corduroy appreciation day.
So, we went fishing into FRED and came up with a couple of graphs for 1111. The one above shows that the share of GDP in GDP is consistently 1, period after period. Just to be thorough, the graph shows the data with both an annual and a quarterly frequency. We’ll keep this graph in mind for post number 11,111. Note that these series come from the GDP release, Section 1 (Domestic Product and Income), Table 1.1.10.
Our second graph comes from FRED’s collection of recession indicators: This series has a value of 1 for every month when the US was deemed to be in recession and 0 otherwise. Such series are called indicator series or sometimes dummy series. The OECD also used to present such recession indicators for its member countries until 2022. More can be found on this page.
You can cast your own thematic net into the great pond of FRED and see what you come up with.
How these graphs were created: For the first graph, search FRED for and select GDP share of GDP’s quarterly series. It may be easier to use the series ID: A191RE1Q156NBEA. Click on “Edit Graph,” open the “Add Line” tab, and search for GDP share of GDP annual series: ID A191RE1A156NBEA. For the second graph, search FRED for “NBER recession” and click one of the options.
Suggested by Christian Zimmermann.



