FRED-MD

FRED-MD is the monthly national macro panel used by dataset=fred_md. macroforecast downloads the official current CSV from:

https://www.stlouisfed.org/-/media/project/frbstl/stlouisfed/research/fred-md/monthly/current.csv

Generated: 2026-04-30. Current data through: 2025-09. Current column count excluding the date index: 126.

Column Contract

  • Date column: sasdate, parsed as the monthly date index.

  • Data columns: one column per FRED-MD mnemonic in the official current CSV.

  • Transform row: Transform: gives the official FRED-MD T-code for each data column.

  • Description source: official FRED-MD appendix when the mnemonic is present; otherwise the FRED series page or the official appendix/change log.

All Current Columns

#

Column

T-code

Transform

Group

Definition

Source

1

RPI

5

First log difference

Output and income

Real Personal Income

FRED

2

W875RX1

5

First log difference

Output and income

Real personal income ex transfer receipts

FRED

3

DPCERA3M086SBEA

5

First log difference

Consumption, orders, and inventories

Real personal consumption expenditures

FRED

4

CMRMTSPLx

5

First log difference

Consumption, orders, and inventories

Real Manu. and Trade Industries Sales

constructed / appendix

5

RETAILx

5

First log difference

Consumption, orders, and inventories

Retail and Food Services Sales

constructed / appendix

6

INDPRO

5

First log difference

Output and income

IP Index

FRED

7

IPFPNSS

5

First log difference

Output and income

IP: Final Products and Nonindustrial Supplies

FRED

8

IPFINAL

5

First log difference

Output and income

IP: Final Products (Market Group)

FRED

9

IPCONGD

5

First log difference

Output and income

IP: Consumer Goods

FRED

10

IPDCONGD

5

First log difference

Output and income

IP: Durable Consumer Goods

FRED

11

IPNCONGD

5

First log difference

Output and income

IP: Nondurable Consumer Goods

FRED

12

IPBUSEQ

5

First log difference

Output and income

IP: Business Equipment

FRED

13

IPMAT

5

First log difference

Output and income

IP: Materials

FRED

14

IPDMAT

5

First log difference

Output and income

IP: Durable Materials

FRED

15

IPNMAT

5

First log difference

Output and income

IP: Nondurable Materials

FRED

16

IPMANSICS

5

First log difference

Output and income

IP: Manufacturing (SIC)

FRED

17

IPB51222S

5

First log difference

-

See official appendix / FRED source page.

FRED

18

IPFUELS

5

First log difference

Output and income

IP: Fuels

FRED

19

CUMFNS

2

First difference

Output and income

Capacity Utilization: Manufacturing

FRED

20

HWI

2

First difference

Labor market

Help-Wanted Index for United States

FRED

21

HWIURATIO

2

First difference

Labor market

Ratio of Help Wanted/No. Unemployed

FRED

22

CLF16OV

5

First log difference

Labor market

Civilian Labor Force

FRED

23

CE16OV

5

First log difference

Labor market

Civilian Employment

FRED

24

UNRATE

2

First difference

Labor market

Civilian Unemployment Rate

FRED

25

UEMPMEAN

2

First difference

Labor market

Average Duration of Unemployment (Weeks)

FRED

26

UEMPLT5

5

First log difference

Labor market

Civilians Unemployed - Less Than 5 Weeks

FRED

27

UEMP5TO14

5

First log difference

Labor market

Civilians Unemployed for 5-14 Weeks

FRED

28

UEMP15OV

5

First log difference

Labor market

Civilians Unemployed - 15 Weeks & Over

FRED

29

UEMP15T26

5

First log difference

Labor market

Civilians Unemployed for 15-26 Weeks

FRED

30

UEMP27OV

5

First log difference

Labor market

Civilians Unemployed for 27 Weeks and Over

FRED

31

CLAIMSx

5

First log difference

Labor market

Initial Claims

constructed / appendix

32

PAYEMS

5

First log difference

Labor market

All Employees: Total nonfarm

FRED

33

USGOOD

5

First log difference

Labor market

All Employees: Goods-Producing Industries

FRED

34

CES1021000001

5

First log difference

Labor market

All Employees: Mining and Logging: Mining

FRED

35

USCONS

5

First log difference

Labor market

All Employees: Construction

FRED

36

MANEMP

5

First log difference

Labor market

All Employees: Manufacturing

FRED

37

DMANEMP

5

First log difference

Labor market

All Employees: Durable goods

FRED

38

NDMANEMP

5

First log difference

Labor market

All Employees: Nondurable goods

FRED

39

SRVPRD

5

First log difference

Labor market

All Employees: Service-Providing Industries

FRED

40

USTPU

5

First log difference

Labor market

All Employees: Trade, Transportation & Utilities

FRED

41

USWTRADE

5

First log difference

Labor market

All Employees: Wholesale Trade

FRED

42

USTRADE

5

First log difference

Labor market

All Employees: Retail Trade

FRED

43

USFIRE

5

First log difference

Labor market

All Employees: Financial Activities

FRED

44

USGOVT

5

First log difference

Labor market

All Employees: Government

FRED

45

CES0600000007

1

No transformation

Labor market

Avg Weekly Hours : Goods-Producing

FRED

46

AWOTMAN

2

First difference

Labor market

Avg Weekly Overtime Hours : Manufacturing

FRED

47

AWHMAN

1

No transformation

Labor market

Avg Weekly Hours : Manufacturing

FRED

48

HOUST

4

Log level

Housing

Housing Starts: Total New Privately Owned

FRED

49

HOUSTNE

4

Log level

Housing

Housing Starts, Northeast

FRED

50

HOUSTMW

4

Log level

Housing

Housing Starts, Midwest

FRED

51

HOUSTS

4

Log level

Housing

Housing Starts, South

FRED

52

HOUSTW

4

Log level

Housing

Housing Starts, West

FRED

53

PERMIT

4

Log level

Housing

New Private Housing Permits (SAAR)

FRED

54

PERMITNE

4

Log level

Housing

New Private Housing Permits, Northeast (SAAR)

FRED

55

PERMITMW

4

Log level

Housing

New Private Housing Permits, Midwest (SAAR)

FRED

56

PERMITS

4

Log level

Housing

New Private Housing Permits, South (SAAR)

FRED

57

PERMITW

4

Log level

Housing

New Private Housing Permits, West (SAAR)

FRED

58

ACOGNO

5

First log difference

Consumption, orders, and inventories

New Orders for Consumer Goods

FRED

59

AMDMNOx

5

First log difference

Consumption, orders, and inventories

New Orders for Durable Goods

constructed / appendix

60

ANDENOx

5

First log difference

Consumption, orders, and inventories

New Orders for Nondefense Capital Goods

constructed / appendix

61

AMDMUOx

5

First log difference

Consumption, orders, and inventories

Unfilled Orders for Durable Goods

constructed / appendix

62

BUSINVx

5

First log difference

Consumption, orders, and inventories

Total Business Inventories

constructed / appendix

63

ISRATIOx

2

First difference

Consumption, orders, and inventories

Total Business: Inventories to Sales Ratio

constructed / appendix

64

M1SL

6

Second log difference

Money and credit

M1 Money Stock

FRED

65

M2SL

6

Second log difference

Money and credit

M2 Money Stock

FRED

66

M2REAL

5

First log difference

Money and credit

Real M2 Money Stock

FRED

67

BOGMBASE

6

Second log difference

-

See official appendix / FRED source page.

FRED

68

TOTRESNS

6

Second log difference

Money and credit

Total Reserves of Depository Institutions

FRED

69

NONBORRES

7

First difference of percent change

Money and credit

Reserves Of Depository Institutions

FRED

70

BUSLOANS

6

Second log difference

Money and credit

DC&I loans

FRED

71

REALLN

6

Second log difference

-

See official appendix / FRED source page.

FRED

72

NONREVSL

6

Second log difference

Money and credit

Total Nonrevolving Credit

FRED

73

CONSPI

2

First difference

Money and credit

Nonrevolving consumer credit to Personal Income

FRED

74

S&P 500

5

First log difference

Stock market

S&P’s Common Stock Price Index: Composite

constructed / appendix

75

S&P div yield

2

First difference

Stock market

S&P’s Composite Common Stock: Dividend Yield

constructed / appendix

76

S&P PE ratio

5

First log difference

Stock market

S&P’s Composite Common Stock: Price-Earnings Ratio

constructed / appendix

77

FEDFUNDS

2

First difference

Interest and exchange rates

Baa-FF spread

FRED

78

CP3Mx

2

First difference

Interest and exchange rates

3-Month AA Financial Commercial Paper Rate

constructed / appendix

79

TB3MS

2

First difference

Interest and exchange rates

3-Month Treasury Bill:

FRED

80

TB6MS

2

First difference

Interest and exchange rates

6-Month Treasury Bill:

FRED

81

GS1

2

First difference

Interest and exchange rates

1-Year Treasury Rate

FRED

82

GS5

2

First difference

Interest and exchange rates

5-Year Treasury Rate

FRED

83

GS10

2

First difference

Interest and exchange rates

10-Year Treasury Rate

FRED

84

AAA

2

First difference

Interest and exchange rates

Moody’s Seasoned Aaa Corporate Bond Yield

FRED

85

BAA

2

First difference

Interest and exchange rates

Moody’s Seasoned Baa Corporate Bond Yield

FRED

86

COMPAPFFx

1

No transformation

Interest and exchange rates

3-Month Commercial Paper Minus FEDFUNDS

constructed / appendix

87

TB3SMFFM

1

No transformation

-

See official appendix / FRED source page.

FRED

88

TB6SMFFM

1

No transformation

-

See official appendix / FRED source page.

FRED

89

T1YFFM

1

No transformation

-

See official appendix / FRED source page.

FRED

90

T5YFFM

1

No transformation

-

See official appendix / FRED source page.

FRED

91

T10YFFM

1

No transformation

-

See official appendix / FRED source page.

FRED

92

AAAFFM

1

No transformation

-

See official appendix / FRED source page.

FRED

93

BAAFFM

1

No transformation

-

See official appendix / FRED source page.

FRED

94

TWEXAFEGSMTHx

5

First log difference

-

See official appendix / FRED source page.

constructed / appendix

95

EXSZUSx

5

First log difference

Interest and exchange rates

Switzerland / U.S. Foreign Exchange Rate

constructed / appendix

96

EXJPUSx

5

First log difference

Interest and exchange rates

Japan / U.S. Foreign Exchange Rate

constructed / appendix

97

EXUSUKx

5

First log difference

Interest and exchange rates

U.S. / U.K. Foreign Exchange Rate

constructed / appendix

98

EXCAUSx

5

First log difference

Interest and exchange rates

Canada / U.S. Foreign Exchange Rate

constructed / appendix

99

WPSFD49207

6

Second log difference

Prices

PPI: Finished Goods

FRED

100

WPSFD49502

6

Second log difference

Prices

PPI: Finished Consumer Goods

FRED

101

WPSID61

6

Second log difference

Prices

PPI: Intermediate Materials

FRED

102

WPSID62

6

Second log difference

Prices

PPI: Crude Materials

FRED

103

OILPRICEx

6

Second log difference

Prices

Crude Oil, spliced WTI and Cushing

constructed / appendix

104

PPICMM

6

Second log difference

Prices

PPI: Metals and metal products:

FRED

105

CPIAUCSL

6

Second log difference

Prices

CPI : All Items

FRED

106

CPIAPPSL

6

Second log difference

Prices

CPI : Apparel

FRED

107

CPITRNSL

6

Second log difference

Prices

CPI : Transportation

FRED

108

CPIMEDSL

6

Second log difference

Prices

CPI : Medical Care

FRED

109

CUSR0000SAC

6

Second log difference

Prices

CPI : Commodities

FRED

110

CUSR0000SAD

6

Second log difference

Prices

CPI : Durables

FRED

111

CUSR0000SAS

6

Second log difference

Prices

CPI : Services

FRED

112

CPIULFSL

6

Second log difference

Prices

CPI : All Items Less Food

FRED

113

CUSR0000SA0L2

6

Second log difference

Prices

CPI : All items less shelter

FRED

114

CUSR0000SA0L5

6

Second log difference

Prices

CPI : All items less medical care

FRED

115

PCEPI

6

Second log difference

Prices

Personal Cons. Expend.: Chain Index

FRED

116

DDURRG3M086SBEA

6

Second log difference

Prices

Personal Cons. Exp: Durable goods

FRED

117

DNDGRG3M086SBEA

6

Second log difference

Prices

Personal Cons. Exp: Nondurable goods

FRED

118

DSERRG3M086SBEA

6

Second log difference

Prices

Personal Cons. Exp: Services

FRED

119

CES0600000008

6

Second log difference

Labor market

Avg Hourly Earnings : Goods-Producing

FRED

120

CES2000000008

6

Second log difference

Labor market

Avg Hourly Earnings : Construction

FRED

121

CES3000000008

6

Second log difference

Labor market

Avg Hourly Earnings : Manufacturing

FRED

122

UMCSENTx

2

First difference

Consumption, orders, and inventories

Consumer Sentiment Index

constructed / appendix

123

DTCOLNVHFNM

6

Second log difference

Money and credit

Consumer Motor Vehicle Loans Outstanding

FRED

124

DTCTHFNM

6

Second log difference

Money and credit

Total Consumer Loans and Leases Outstanding

FRED

125

INVEST

6

Second log difference

Money and credit

Securities in Bank Credit at All Commercial Banks

FRED

126

VIXCLSx

1

No transformation

-

See official appendix / FRED source page.

constructed / appendix