USData: data: Quarterly US inflation and associated predictors

Description Usage Format References


This is the dataset used in Groen et al. (2013) and is downloadable from
The variables are:

GDPDEF : Quarterly log changes in the Gross Domestic Product implicit price deflator.
ROUTP : Real GDP in volume terms.
RCONS : Real durable personal consumption expenditures in volume terms
RINVR : Real residential investment in volume terms
PIMP : Import deflator
UNEMP : Unemployment ratio
NFPR : Non-farm payrolls data on employment
HSTS : Housing starts
OIL : Real spot price of oil
FOOD : Real food commodities price index
RAW : Real raw material commodities price index
M2 : The M2 monetary aggregate
YL : The level factor
TS : The slope factor
CS : Curvature factor
MS : One-year ahead inflation expectations that come from the Reuters/Michigan Survey of Consumers.




A xts object containing 206x16 observations from from 1960-01-01 to 2011-04-01.


Groen, Jan JJ, Richard Paap, and Francesco Ravazzolo. (2013) Real–time inflation forecasting in a changing world. Journal of Business & Economic Statistics, 31.1 : 29–44.

eDMA documentation built on April 25, 2018, 5:04 p.m.