FRED Interactive: Adjusting for Inflation

Adjusting monetary values for the general and sustained upward movement of prices for goods and services in an economy helps visualize trends and cycles in data. In this interactive lesson, students learn about the difference between nominal and real data.

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Related: Data Units in FRED–Page One Economics Data Primer Series, short simple overview of a data-related topic that offers students an opportunity to use close reading strategies.

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Education Level: 9-12 College
Subjects: Data Literacy
Concepts: Inflation/Deflation
Resource Types: Data Charts/Graphs Online Module
Languages: English