Department of Economics

Home
Contact Us
Newsletters
Advising
Faculty
Links
Seminars
Senior Thesis
ECO Support Center
Union Home

 


 Last Modified:
 January 2007
 

 

Sources of Data

There is a tremendous amount of data available to economists. The list of links presented below is not exhaustive, but it is a good start. We organize the sources into four topics: U.S. Economy, Firm Level Data, Individual Level Data and International Data. In the case of the U.S. Economy we further break down some of the categories into primary sources and secondary sources. Primary sources collect the data themselves. Secondary sources present data collected by others.  Secondary sources are not necessarily inferior to primary sources. The advantage of primary sources is that they contain the most recent and the most accurate data. In addition, they tend to provide useful information on how the data is collected. The advantage of secondary sources is that they normally put together information from more than one primary source, thus eliminating the need to search from more than one primary source.

 

U.S. Economy, Primary Sources:

Bureau of Labor Statistics contains information on prices, wages, employment, etc.
Bureau of Economic Analysis contains information on GDP, aggregate investment,  consumption, exports, imports, etc.
Federal Reserve includes information on interest rates, exchange rates, industrial production, banking, etc.
Bureau of Census includes information on nearly everything of particular interest may be economic programs including economic census and American Fact Finder.
FedStat has a list of nearly 70 federal statistical agencies. The most commonly visited by our students include the National Center for Education Statistics, the National Center for Health Statistics, the Department of Housing and Urban Development, the Bureau of Transportation Statistics, the American Statistical Association, Statistics in Sports, FDIC Bank Data and Statistics, the Energy Information Administration, and the Internal Revenue Service.

 

U.S. Economy, Secondary Sources:

Statistical Abstract of the United States is an excellent collection of domestic data on the economy, health, crime, elections, etc. Recent editions are available online. Past editions are available as hard copy in the library.
DRI contains macroeconomic data from a number of sources including those cited above. The database can be accessed through E-views.
Fred II is a comprehensive macroeconomic and financial database maintained by the St. Louis Fed.

 

Firm Level Data:

Mergent Online has current and historical accounting data for U.S. as well as foreign companies.
Yahoo! Finance has historical stock prices, recent accounting data and analyst estimates.
SEC's EDGAR contains company filings including quarterly and annual reports.

 

Individual or Household Level Data:
Students should be aware that the amount of data in this type of dataset can be overwhelming!

Current Population Survey (CPS) is a monthly survey of 50,000 households. Contains data on earnings, education levels, marital status, plus supplemental information on topics such as schooling, fertility, immigration, and income.  DataFerrett is downloadable software which can help you extract variables from CPS.  CPS data are also available from NBER Data.
Panel Study of Income Dynamics (PSID) follows the same families since 1968. Collects data on economic, health and social behavior.
National Longitudinal Surveys (NLS) contains various surveys of individuals regarding their economic, health and social behavior. This site helps you extract variables from NLS.
Current Expenditure Survey provides information on the buying habits of American consumers, including data on their expenditures, income, and other characteristics.
American Time Use Survey (ATUS) measures the amount of time people spend doing various activities, such as paid work, childcare, volunteering, commuting, and socializing.
Health and Retirement Study (HRS) a source of longitudinal, cross-sectional data for researchers and policymakers who study aging.  Use the RAND HRS, which is a cleaned and easy-to-use version of the HRS data.

 

International Data:

World Development Indicators is a comprehensive database on economic, social and environmental indicators from all countries of the world.
International Financial Statistics is a database on macroeconomic indicators including exchange rates, balance of payments, financial systems, etc. for all countries of the world.
Morgan Stanley Capital International has information on stock market indices around the world.
European Central Bank, Statistics

has data on interest rates, monetary aggregates and balance of payments.

Source OECD is a rich source of variety of databases. The library subscribes to three of them: Monthly Statistics of International Trade, OECD International Direct Investment Statistics and OECD Science, Technology and R&D Statistics.
International Statistical Agencies is a list of links to foreign counterparts to the Bureau of Census. You will need a lot of patience and some language skills to tap this fascinating source of data.

 

Other:

Inter-university Consortium for Political and Social Research (ICPSR) is the world's largest archive of computerized social science data.
CIESIN has data regarding human interactions in global environmental change.
NBER Data a variety of data compiled by the National Bureau of Economic Research
Resources for Economists (RFE) is a list of all kinds of data.
Statistical Data from Schaffer Library is a list of books from Schaffer Library containing statistical data.
 

 


 

Union College, Schenectady N.Y. 12308-3107. All rights reserved.
(Not an Administrative Union College Web Site)  Site Maintained By: Peggy Bielecki