https://fred.stlouisfed.org/categories/106 ?*Real-time data provided by Federal
ID: 1156100 • Letter: H
Question
https://fred.stlouisfed.org/categories/106
?*Real-time data provided by Federal Reserve Economic Data? (FRED), Federal Reserve Bank of Saint Louis.
For this exercise you will need to enter data from FRED for total personal consumption expenditures as well as personal consumption expenditures on durable? goods, nondurable? goods, and services.
Using the data from? FRED, enter the values for the
first quarterfirst quarter
of
20182018
?(shown as
2018 minus 01 minus 012018?01?01
in? FRED) for the following series? IDs:
?(Enter your responses exactly as they appear in? FRED.)
Title
Series ID
Value
Personal Consumption Expenditures
PCEC
?$nothing
billion
Personal Consumption? Expenditures: Durable Goods
PCDG
?$nothing
billion
Personal Consumption? Expenditures: Nondurable Goods
PCND
?$nothing
billion
Personal Consumption? Expenditures: Services
PCESV
?$nothing
billion
Title
Series ID
Value
Gross Private Domestic Investment
GPDI
?$nothing
billion
Private Nonresidential Fixed Investment
PNFI
?$nothing
billion
Private Residential Fixed Investment
PRFI
?$nothing
billion
Title
Series ID
Value
Gross Domestic Product
GDP
?$nothing
billion
Gross National Product
GNP
?$nothing
billion
Title
Series ID
Value
Personal Income
PINCOME
?$nothing
billion
Disposable Personal Income
DPI
?$nothing
billion
Personal Consumption Expenditures
PCEC
?$nothing
billion
Title
Series ID
Value
Personal Consumption Expenditures
PCEC
?$nothing
billion
Personal Consumption? Expenditures: Durable Goods
PCDG
?$nothing
billion
Personal Consumption? Expenditures: Nondurable Goods
PCND
?$nothing
billion
Personal Consumption? Expenditures: Services
PCESV
?$nothing
billion
Explanation / Answer
Explanation:
Responses entered above are mentioned exactly like this on the website mentioned above.
To get the responses, I entered the series ID's in search bar, then choose the title which gave me the data. From that data I got the values.
Series ID Value PCEC $13775.888 billions PCDG $1501.708 billions PCND $2914.784 billions PCESV $9359.395 billionsRelated Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.