Appendix C — The pandas-datareader Pacakge

C.1 FRED Data

FRED (Federal Reserve Economic Data) provides a wide range of economic datasets covering various aspects such as national accounts, labor markets, prices, interest rates, exchange rates, and more.

We can access FRED datasets directly in Python using the pandas_datareader package, as follows:

from pandas_datareader import get_data_fred

dataset_id = "GDP" # quarterly

#df = get_data_fred(dataset_id)
df = get_data_fred(dataset_id, start="2001-01-01", end="2023-01-01")
df.head()
GDP
DATE
2001-01-01 10470.231
2001-04-01 10599.000
2001-07-01 10598.020
2001-10-01 10660.465
2002-01-01 10783.500