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ACA 122

College Transfer Success

About Data Literacy

Data literacy is much more than copying a table into a paper or even downloading a dataset and doing a regression analysis. Data literacy is the ability to read and interpret data, to think critically about statistics, and to use statistics as evidence.

What Data Literacy Means

Web Resources

Fred economic research icon link

FRED is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 765,000 economic time series from 96 sources. The data can be viewed in graphical and text form or downloaded for import to a database or spreadsheet, and viewed on mobile devices. They cover banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic productinterest ratesmonetary aggregatesproducer price indexes, reserves and monetary base, U.S. trade and international transactions, and U.S. financial data. The time series are compiled by the Federal Reserve and many are collected from government agencies such as the U.S. Census and the Bureau of Labor Statistics.