Dataframe: P01:fred_processed_annual_series - FRED Processed Annual Series

Contents

Dataframe: `P01:fred_processed_annual_series` - FRED Processed Annual Series#

Overview#

File: _data/processed_data/fred_final_series_annual.parquet
Source: Derived from fred_macroeconomic_variables, itself pulled from FRED
Generated by: process_fred_data_annual.py
Frequency: Annual
Index: year

Column Dictionary#

Column	Description
GDP	Annual real GDP, in complete 2009 dollars. Annual GDPCA is used as-is for 1929-1947; from 1948 onward, quarterly GDPC1 (SAAR) is averaged over the four quarters of each calendar year.
Population	Annual population. For pre-1952, theannual (July 1) POPH observations are cubic-spline-interpolated to monthly frequency and averaged over each calendar year; from 1952 onward, quarterly B230RC0Q173SBEA is averaged over the four quarters of each calendar year.
GDP_per_capita	GDP divided by Population for each year.
CPI_inflation	Annual CPI inflation, computed as the December-to-December log-change of the not-seasonally-adjusted CPIAUCNS.
BAA	Annual Moody’s Seasoned Baa Corporate Bond Yield, computed as the December value of the monthly BAA series.
AAA	Annual Moody’s Seasoned Aaa Corporate Bond Yield, computed as the December value of the monthly AAA series.
Treasury_10yr	Annual 10-year Treasury (long-term government bond) yield, computed as the December value of a monthly series combining GS10, M1333BUSM156NNBR, and M1333AUSM156NNBR (in order of preference, most recent first).
Treasury_3mo	Annual 3-month Treasury bill bond-equivalent yield, computed from the monthly discount rates TB3MS and M1329AUSM193NNBR (TB3MS preferred where both are available), converted to a bond-equivalent yield and then to the December value of each calendar year.
BAA_Treasury_spread	Annual spread between the Baa corporate bond yield and the 10-year Treasury yield, computed as BAA minus Treasury_10yr.
AAA_Treasury_spread	Annual spread between the Aaa corporate bond yield and the 10-year Treasury yield, computed as AAA minus Treasury_10yr.

DataFrame Glimpse#

Rows: 97
Columns: 11
$ GDP                 <f64> 23850442250000.0
$ Population          <f64> 341944500.0
$ GDP_per_capita      <f64> 69749.45422429663
$ CPI_inflation       <f64> 0.026418736886390626
$ BAA                 <f64> 5.9
$ AAA                 <f64> 5.31
$ Treasury_10yr       <f64> 4.14
$ Treasury_3mo        <f64> 3.6731943293179135
$ BAA_Treasury_spread <f64> 1.7600000000000007
$ AAA_Treasury_spread <f64> 1.17
$ year                <i32> 2025

Dataframe Manifest#

Dataframe Name	FRED Processed Annual Series
Dataframe ID	fred_processed_annual_series
Sources	FRED, Office of Financial Research
Providers	FRED, Office of Financial Research
Provider Links	https://fred.stlouisfed.org/
Tags	Processed Data, Macroeconomic Data, Fred
Access Types	Public
How is data pulled?	Web API via Python `pandas_datareader.data.DataReader`
Data available up to (min)	N/A
Data available up to (max)	N/A
Dataframe Path	C:\Users\fraff\OneDrive\Documentos\UChicago\FINM_32900_Full_Stack_Quantitative_Finance\Project\p03_lopez_salido_stein_zakrajsek_2017_data\processed_data\fred_final_series_annual.parquet

Linked Charts:

Pipeline Manifest#

Pipeline Name	Credit-Market Sentiment and the Business Cycle
Pipeline ID	P01
Maintainer	Fernando Raffo, Bangjie Xu
Contributors	Fernando Raffo, Bangjie Xu
Repository	fernando-raffo/p03_lopez_salido_stein_zakrajsek_2017
Pipeline Web Page	Pipeline Web Page
Date of Last Code Update	2026-08-19 22:04:54
OS Compatibility	Windows, Linux, MacOS
Linked Dataframes	P01:fred_macroeconomic_variables P01:shiller_market_variables P01:greenwood_hanson_hys P01:mergent_fisd_bond_data P01:fred_processed_monthly_series P01:fred_processed_annual_series P01:shiller_processed_annual_series P01:greenwood_hanson_hys_processed_series