Analyzing the Elements of Real GDP in FRED Using Stacking

FRED icon

This online activity shows how to use FRED, the Federal Reserve's free online economic data website, to analyze changes in real gross domestic product (GDP) and GDP makeup over time. Following simple instructions, you will locate spending data for the individual components of real GDP, and then combine them into a highly informative area graph. You will also use FRED's ability to stack data and see how trade—imports and exports—contributes to GDP. The resulting customized graph will let you see how economic output varies from year to year.

•  Lesson (pdf)

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Audience:   Middle School, High School, College, Consumers
Language:   English
Subjects:   Economics
Resource Types:   Activity, Lessons, Charts/Graphs, STEM
Concepts:   Gross Domestic Product (GDP)
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