ECN 111 Assignment 1
Graphing GDP
25 points
The objective of the assignment is to find and plot GDP data for the US economy.
The US government collects massive amounts of data on the economy. Most of
it is available on the internet. Some of the major sites include:
Bureau of Labor Statistics: http://www.bls.gov/
Bureau of Economic Analysis: http://www.bea.gov/
US Census Bureau: http://www.census.gov/
Federal Reserve Economic Data – FRED II: http://research.stlouisfed.org/fred2/
1. Find quarterly data for Real Gross Domestic Product in chained 2000 dollars for the years 1999 through 2004. List the data for GDP (Y), Personal consumption expenditures (C), Gross private domestic investment (I), Net exports of goods and services (NX), and Government consumption expenditures and gross investment (G). (8 points)
2. Graph the data. (6 points)
3. Identify the last recession on the graph. (2 points)
4. Graph any other government collected economic data for the last 5 years that is of interest to you. (5 points) Include your data source. (4 points)
You may want to use Excel for this assignment.