ALFRED at 15: Archiving FRED data since 2006

You know FRED, but do you know ALFRED? ALFRED is ArchivaL FRED, which is pretty much what it sounds like: an archive of historical versions (or vintages) of FRED data. ALFRED is turning 15 years old, which is a nice opportunity to describe why recording data history is important.
Economic data are often revised over time as more and/or more-accurate information becomes available. Accuracy is important, and that’s what FRED provides. But the original, less-accurate vintages of the observations are important, too, as they tell the story of what information was known at the time. That’s what ALFRED provides.
Despite being 15 years younger than FRED, ALFRED is an old soul with a great memory that contains all the historical vintages of the series in FRED. Each time a data series is updated in FRED, the prior version of the series is stored and made available in ALFRED, with all of its

Federal Reserve Source

Author: RealEstate