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ECONW6

Week 6 Guide to Obtaining Graphs for Data section

You need 5 data pieces in the data section:

1-

GDP:
a graph or a table that represents your 10-year period of GDP growth rate (percentage). To obtain GDP information, go to
www.bea.gov then follow the steps below:

· Click on “

Tools”
, found on the top left side, and select “Interactive Data”

· Click on “

Gross Domestic Product Personal Income
” found on the left side

· Click on “

Interactive Data Tables
” bottom found in the top middle

· Click on “

SECTION 1 – DOMESTIC PRODUCT AND INCOME
” and select the first option “

Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product

· Click on “

Modify
” button found on the top left side, change the
First Year field to your desired start year, and change the
Series to “
Annual” and click on “
Refresh Table

You only need the information in the first line for each year (Line 1), which is the Gross Domestic Product as shown below. Copy and paste the data from Line 1 or screenshot the page (just like the image below) and paste it in your paper.

2-

Unemployment:
a graph or a table that represents your 10-year period of the overall unemployment rate (percentage) in the country.

See the “

Guide to using the BLS website Data
” below to obtain this data.

3-

Two Unemployment Issues
: data/graphs that represents your 10-year period about the two unemployment related issues that you have selected and will discuss in this paper. Provide one separate data set (graph or table) for each of the two issues.

See the “

Guide to using the BLS website Data
” below to obtain this data.


Guide to using the BLS website Data: for Unemployment Variables

1.
Go to this link:

2.
Pick the variables you want. You can select more than one variable. For example, see screen shot below:

3.
Click on “Retrieve Data” on the bottom left hand side as shown below:

4. You can then manipulate the data by changing output options,
enter your ten-year period, such as “2006 to 2015” and then check the boxes “
include graphs” and “
include annual average”. Then, click on “
GO

Your data will default to show the annual change based on a month, for example, series Id shown here is Unemployment Rate 16 years and over. The data is yearly from January 2006 up to January 2015, which will suffice for the case study.

Lastly, you may see that an accompanying table is provided for each graph of each variable, i.e., the table of the above graph is shown below the graph.

5.
To copy and paste the graph in your paper, right click on the graph, then select “copy”, then past it in your paper.

IMPORTANT: make sure you cite the source of the graph (and any other graph and/or table you use) below the graph/table using APA citation style.

6. Now,
you can use the data for the variables. Happy Hunting!

Revised 9/19/2024

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