Focus on Economic Output

This assignment provides instructions on building the graph below and includes writing prompts for out-of-class assignments.

From the FRED Blog

The post “Women in the sports industry: Did Title IX make a difference?” compares the employment figures for men and women in sports between 2000 and 2019.

Storytelling with Data and FRED Interactive Modules

Seasonality: Learn how to use FRED® to visualize seasonal patterns in data. The FRED Interactive modules can be embedded in your learning management system.

Quiz Yourself on the Economics of Sports

The graph above shows the total revenue of the three types of business establishments classified as “Arts, Entertainment, and Recreation” by the U.S. Census Bureau.

Q1. Between 1998 and 2019, which type of establishment recorded the largest growth in total revenue?

Q2. In 2020, during the onset of the COVID-19 pandemic, which type of establishment recorded the smallest decline in total revenue?

The graph above shows the monthly retail sales in sporting goods stores (blue line) and their annual value (red line) reported by the U.S. Census Bureau.

Q1. Between 1992 and 2021, during what month of the year are retail sales regularly the highest?

Q2. Between 1992 and 2021, during what month of the year are retail sales frequently the second highest?

You can share these graphs with your students using this dashboard. To customize this dashboard, just click the “Save to My Account” button at the top of the dashboard.

The post Teaching the Economics of Sports | Bring FRED into the Classroom | October 2022 first appeared on St. Louis Fed Economic Research.