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Center for the REstoration of Economic Data: The Past Is Indeed Prologue
Philadelphia Fed President and CEO Patrick T. Harker, speaking at the inaugural conference of the Philadelphia Fed’s new Center for the REstoration of Economic Data (CREED), announced the Center’s commitment to bringing historical data to light by “taking unstructured, analog data and converting it into useful, accessible, and high-quality data” for public use.In discussing the Philadelphia Fed’s recent research on housing, Harker stressed the importance of “bringing old data to light” to find a “historical economic perspective,” and “to better inform our present ...