Download data from FRED

Download data from FRED

import pandas as pd
import numpy as np
  • you need to get a FRED api key from here

  • the fredapi package is in the econ108 environment

from fredapi import Fred
fred = Fred(api_key="your_fred_api_key")

From FRED

  • Real Gross Domestic Product (GDPC1) Billions of Chained 2012 Dollars, Seasonally Adjusted Annual Rate

link to series

data = fred.get_series("GDPC1")
df = pd.DataFrame(data, columns=['GDPC1']).dropna(axis=0, how='any')
df.head()
GDPC1
1947-01-01 2034.450
1947-04-01 2029.024
1947-07-01 2024.834
1947-10-01 2056.508
1948-01-01 2087.442

Some more options…

data = fred.get_series_first_release('GDPC1')
data.tail()
date
2020-10-01    18780.325
2021-01-01    19087.568
2021-04-01    19358.176
2021-07-01    19465.195
2021-10-01    19805.962
Name: value, dtype: object
data = fred.get_series_latest_release('GDPC1')
data.tail()
2020-10-01    18767.778
2021-01-01    19055.655
2021-04-01    19368.310
2021-07-01    19478.893
2021-10-01    19810.572
dtype: float64
data=fred.get_series_as_of_date('GDP', '6/1/2014')
data
realtime_start date value
0 1992-12-22 1946-01-01 199.7
1 1996-01-19 1946-01-01 NaT
2 1997-05-07 1946-01-01 210.4
3 1999-10-28 1946-01-01 NaT
4 1992-12-22 1946-04-01 207.7
... ... ... ...
2837 2014-01-30 2013-10-01 17102.5
2838 2014-02-28 2013-10-01 17080.7
2839 2014-03-27 2013-10-01 17089.6
2846 2014-04-30 2014-01-01 17149.6
2847 2014-05-29 2014-01-01 17101.3

2168 rows × 3 columns

fred.search('potential gdp').T
series id GDPPOT NGDPPOT GDPC1CTMLR NROU NROUST GDPC1MDLR GDPC1RMLR GDPC1RHLR GDPC1CTLLR GDPC1CTHLR GDPC1RLLR
id GDPPOT NGDPPOT GDPC1CTMLR NROU NROUST GDPC1MDLR GDPC1RMLR GDPC1RHLR GDPC1CTLLR GDPC1CTHLR GDPC1RLLR
realtime_start 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00
realtime_end 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00 2022-02-28 00:00:00
title Real Potential Gross Domestic Product Nominal Potential Gross Domestic Product Longer Run FOMC Summary of Economic Projection... Noncyclical Rate of Unemployment Natural Rate of Unemployment (Short-Term) (DIS... Longer Run FOMC Summary of Economic Projection... Longer Run FOMC Summary of Economic Projection... Longer Run FOMC Summary of Economic Projection... Longer Run FOMC Summary of Economic Projection... Longer Run FOMC Summary of Economic Projection... Longer Run FOMC Summary of Economic Projection...
observation_start 1949-01-01 00:00:00 1949-01-01 00:00:00 2009-02-18 00:00:00 1949-01-01 00:00:00 1949-01-01 00:00:00 2015-06-17 00:00:00 2009-02-18 00:00:00 2009-02-18 00:00:00 2009-02-18 00:00:00 2009-02-18 00:00:00 2009-02-18 00:00:00
observation_end 2031-10-01 00:00:00 2031-10-01 00:00:00 2021-12-15 00:00:00 2031-10-01 00:00:00 2031-10-01 00:00:00 2021-12-15 00:00:00 2021-12-15 00:00:00 2021-12-15 00:00:00 2021-12-15 00:00:00 2021-12-15 00:00:00 2021-12-15 00:00:00
frequency Quarterly Quarterly Not Applicable Quarterly Quarterly Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable
frequency_short Q Q NA Q Q NA NA NA NA NA NA
units Billions of Chained 2012 Dollars Billions of Dollars Fourth Quarter to Fourth Quarter Percent Change Percent Percent Fourth Quarter to Fourth Quarter Percent Change Fourth Quarter to Fourth Quarter Percent Change Fourth Quarter to Fourth Quarter Percent Change Fourth Quarter to Fourth Quarter Percent Change Fourth Quarter to Fourth Quarter Percent Change Fourth Quarter to Fourth Quarter Percent Change
units_short Bil. of Chn. 2012 $ Bil. of $ Fourth Qtr. to Fourth Qtr. % Chg. % % Fourth Qtr. to Fourth Qtr. % Chg. Fourth Qtr. to Fourth Qtr. % Chg. Fourth Qtr. to Fourth Qtr. % Chg. Fourth Qtr. to Fourth Qtr. % Chg. Fourth Qtr. to Fourth Qtr. % Chg. Fourth Qtr. to Fourth Qtr. % Chg.
seasonal_adjustment Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted Not Seasonally Adjusted
seasonal_adjustment_short NSA NSA NSA NSA NSA NSA NSA NSA NSA NSA NSA
last_updated 2021-07-01 17:45:02-05:00 2021-07-01 17:45:02-05:00 2021-12-15 14:08:07-06:00 2021-02-01 14:37:05-06:00 2021-02-01 14:37:07-06:00 2021-12-15 14:08:15-06:00 2021-12-15 14:08:34-06:00 2021-12-15 14:08:16-06:00 2021-12-15 14:08:39-06:00 2021-12-15 14:08:38-06:00 2021-12-15 14:08:39-06:00
popularity 72 58 27 71 60 14 7 7 3 2 2
notes Real potential GDP is the CBO’s estimate of th... None The longer-run projections are the rates of gr... Starting with the July, 2021 report: An Update... This series last appeared in the February, 202... The longer-run projections are the rates of gr... The longer-run projections are the rates of gr... The longer-run projections are the rates of gr... The longer-run projections are the rates of gr... The longer-run projections are the rates of gr... The longer-run projections are the rates of gr...