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. 2021 Jan 7;57(1):387–417. doi: 10.1007/s10614-020-10083-5
Groupa Description Transformationb Period
1 Real personal income 1 All
1 Real personal income excluding current transfer receipts 1 All
4 Real personal consumption expenditures (chain-type quantity index) 1 2003:12–
4 Real manufacturing and trade industries sales 1 All
4 Real retail and food services sales 1 All
1 Industrial production index 1 All
1 Industrial production: Final products and nonindustrial supplies 1 All
1 Industrial production: Final products (market group) 1 All
1 Industrial production: Consumer goods 1 All
1 Industrial Production: Durable consumer goods 1 2002:11–
1 Industrial production: Nondurable consumer goods 1 2002:11–
1 Industrial production: Business equipment 1 2002:11–
1 Industrial production: Materials 1 All
1 Industrial production: Durable materials 1 2002:11–
1 Industrial production: Nondurable materials 1 2002:11–
1 Industrial production: Manufacturing (SIC) 1 All
1 Industrial Production: Residential utilities 1 2002:11–
1 Industrial production: Fuels 1 2002:11–
1 Capacity utilization: Manufacturing (SIC) 2 All
2 Civilian labor force 1 All
2 Civilian employment level 1 All
2 Civilian unemployment rate 2 All
2 Average (mean) duration of unemployment 2 All
2 Number of civilians unemployed for less than 5 Weeks 1 All
2 Number of civilians unemployed for 5–14 weeks 1 All
2 Number of civilians unemployed for 15 weeks and over 1 All
2 Number of civilians unemployed for 15–26 weeks 1 All
2 Number of civilians unemployed for 27 weeks and over 1 All
2 Initial claims 1 All
2 All employees: Total nonfarm payrolls 1 All
2 All employees: Goods-producing industries 1 All
2 All employees: Mining and logging: Mining 1 All
2 All employees: Construction 1 All
2 All employees: Manufacturing 1 All
2 All employees: Durable goods 1 All
2 All employees: Nondurable goods 1 All
2 All employees: Service-providing industries 1 All
2 All employees: Trade, transportation and utilities 1 2003:05–
2 All employees: Wholesale trade 1 All
2 All employees: Retail trade 1 All
2 All employees: Financial activities 1 All
2 All employees: Government 1 All
2 Average weekly hours of production and nonsupervisory employees: Goods-producing 2 All
2 Average weekly overtime hours of production and nonsupervisory employees: Manufacturing 2 All
2 Average weekly hours of production and nonsupervisory employees: Manufacturing 2 All
3 Housing Starts: Total: new rivately owned housing units started 1 All
3 Housing starts in Northeast census region 1 All
3 Housing starts in Midwest census region 1 All
3 Housing starts in South census region 1 All
3 Housing starts in West census region 1 All
3 New private housing units authorized by building [ermits 1 All
3 New private housing units authorized by building permits in the Northeast census region 1 All
3 New private housing units authorized by building permits in the Midwest census region 1 All
3 New private housing units authorized by building permits in the South census region 1 All
3 New private housing units authorized by building permits in the West census region 1 All
4 Manufacturers’ new orders: Durable goods 1 All
4 New orders for nondefense capital goods 1 All
4 Value of manufacturers’ unfilled orders for durable goods industries 1 All
4 Total business inventories 1 All
4 Total business: Inventories to sales ratio 2 All
5 M1 money stock 1 All
5 M2 money stock 1 All
5 Real M2 money stock 1 All
5 St. Louis adjusted monetary base 1 All
5 Total reserves of depository institutions 1 All
5 Reserves of depository institutions. nonborrowed 1 All
5 Commercial and industrial loans. all commercial banks 1 All
5 Real estate loans. all commercial banks 1 All
5 Total nonrevolving credit owned and securitized. outstanding 1 All
5 Nonrevolving consumer credit to personal income 1 All
8 S&P 500 1 All
8 S&P 500 industries 1 All
8 S&P dividend yield 1 All
8 S&P PE ratio 1 All
6 Effective federal funds rate 2 All
6 3 Month AA financial commercial paper rate 2 All
6 3 Month treasury bill: Secondary market rate 2 All
6 6 Month treasury bill: Secondary market rate 2 All
6 1 Year treasury constant maturity rate 2 All
6 5 Year treasury constant maturity rate 2 All
6 10 Year treasury constant maturity rate 2 All
6 Moody’s Seasoned Aaa Corporate Bond Yield 2 All
6 Moody’s Seasoned Baa Corporate Bond Yield 2 All
9 3 Months commercial paper minus federal funds rate 0 All
9 3 Months treasury bill minus federal funds rate 0 All
9 6 Months treasury bill minus federal funds rate 0 All
9 1 year treasury constant maturity minus federal funds rate 0 All
9 5 years treasury constant maturity minus federal funds rate 0 All
9 10 years treasury constant maturity minus federal funds rate 0 All
9 Moody’s seasoned Aaa corporate bond minus federal funds rate 0 All
9 Moody’s seasoned baa corporate bond minus federal funds rate 0 All
10 Switzerland/U.S. foreign exchange rate 1 All
10 Japan/U.S. foreign exchange rate 1 All
10 U.S./U.K. foreign exchange rate 1 All
10 Canada/U.S. foreign exchange rate 1 All
7 Producer price index by commodity for finished goods 3 –2016:01
7 Producer price Index by commodity for finished consumer goods 3 –2016:01
7 Producer price index by commodity intermediate materials: Supplies and components 3 –2016:01
7 Producer price index by commodity for crude materials for further processing 3 –2016:01
7 Crude oil prices: West texas intermediate (WTI) – cushing, Oklahoma 3 All
7 Producer price index by commodity metals and metal products: Primary nonferrous metals 3 All
7 Consumer price index for all urban consumers: All Items 3 All
7 Consumer price index for all urban consumers: Apparel 3 All
7 Consumer price index for all urban consumers: Transportation 3 All
7 Consumer price index for all urban consumers: Medical care 3 All
7 Consumer price index for all urban consumers: Commodities 3 All
7 Consumer price index for all urban consumers: Durables 3 –2014:11
7 Consumer price index for all urban consumers: Services 3 All
7 Consumer price index for all urban consumers: All items less food 3 All
7 Consumer price index for all urban consumers: All items less shelter 3 All
7 Consumer price index for all urban consumers: All items less medical care 3 All
7 Personal consumption expenditures: Chain-type price index 3 2000:07–
7 Personal consumption expenditures: Durable goods (chain-type price index) 3 2000:07–
7 Personal consumption expenditures: Nondurable goods (chain-type price index) 3 2000:07–
7 Personal consumption expenditures: Services (chain-type price index) 3 2000:07–
2 Average hourly earnings of production and nonsupervisory employees: Goods-Producing 3 All
2 Average hourly earnings of production and nonsupervisory employees: Construction 3 All
2 Average hourly earnings of production and nonsupervisory employees: Manufacturing 3 All
5 MZM money stock 1 All
5 Consumer motor vehicle loans owned by finance companies. outstanding 1 All
5 Total consumer loans and leases owned and securitized by finance companies. outstanding 1 All
5 Securities in bank credit at all commercial banks 1 All
8 CBOE S&P 100 volatility index: VXO 1 Allc
7 Producer price index by commodity for finished goods 3 2016:02–
7 Producer price index by commodity for finished consumer goods 3 2016:02-
7 Producer price index by commodity intermediate materials: Supplies and components 3 2016:02–
7 Producer price index by commodity for crude materials for further processing 3 2016:02–
7 Consumer price index for all urban consumers: durables 3 2014:12–

aThis column shows the group of the variable: 1, output and income; 2, labor market; 3, housing; 4, consumption, orders, and inventories; 5, money and credit; 6, interest rate; 7, prices; 8, stock market; 9, yield spread; 10, exchange rate. bThis column denotes the following data transformation for a series: 0, no transformation; 1, monthly growth rate; 2, monthly differences; 3, monthly differences of the yearly growth rate. c Except for the period between 2004:12 and 2005:07