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Statistics and Data Sources

Welcome!

Welcome to the Business & Economics Statistics Guide

 

Because statistics for Business and Economics can encompass data from a variety of social science and science fields, the scope is this guide is broad. You will find not only links for statistics from primary data sources like the Federal Reserve and U.S. Bureau of the Census, but also from agencies like the U.S. Dept of Education, U.S. Dept of Health and Human Services. 

If you have any questions, I am happy to help. My contact information is on the right.

First, think about what kind of data you need

How are you using the data? Do you need information for a paper or are you doing an analysis of the data?

For one, you might use a statistical source, for the other, you might need a dataset which would include all of the variables

What level of data do you need?

Individuals, institutions, or dollars, etc...?

What is the time frame for the data?

Is it collected monthly, annually? or do you need a time series, longitudinal data, etc?

Do you have a specific geography?

State, national, international, etc....? 

Then, think how you would find the data

 

Who would be interested in this data?

Governments, associations, organizations, or private firms.  Most publicly accessible data will probably be from government sources. Associations and private data producers will often charge a fee for access.

 

Why is some data missing, especially for country information?

Data gaps are often due to the lack of statistical capacity of the country to produce the data and this is related to the size and development of the country.

 

Don't forget to evaluate your data

What is the quality of the data?

Who created the data and what are their credentials?

Is the data clearly represented?

Who is the intended audience for the data?

Is the data accurate? Can it be replicated? Any bias?

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Felipe Castillo