The website for the Economic Report of the President is given below. You will need to download the following Microsoft Excel tables from the Economic Report of the President, 2012
- TABLE B-2. Real gross domestic product, 1963-2011
- TABLE B-80. Federal receipts and outlays, by major category, and surplus or deficit, fiscal years 1945-2013
- TABLE B-39. Civilian labor force participation rate and employment/population ratio, 1965-2011
- TABLE B-42. Civilian unemployment rate, 1965-2011
gpo.gov/fdsys/pkg/ERP-2012/content-detail.html
- First, create a graph of that charts out the Federal Surpluses / Deficits and Real GDP in each year from 1965 to 2011. (Be careful with the Surplus / Deficit data, since there is an additional entry to account for a change in how the data was collected. I simply deleted this row for my graph.)
- Again using Microsoft Excel, create a graph and chart the Civilian Labor Force Participation Rate and the Civilian Employment to Population Ratio on one axis and plot the civilian unemployment rate on a second "Y" axis? Plot each data series from 1965 to 2011.
Hints for Excel Graphs
- You should graph these series as XY Scatter graph. To do this, the data for the X-axis must be numeric. That last sentence is important but is all that I will say on the topic.
- You will notice that the scales are different on some of the data series that you will be graphing. You probably want separate Y-axes for data that are widely variant.
- To accomplish this right click (Control-Click on a Mac) on the data series that you wish to have on a separate Y-Axis.
- Select "Format Data Series"
- Then Click on "Axis" and select "Secondary Axis"
- While you are in the "Format Data Series" you can ensure that each data set has a line.
- You can drag the Legend inside the graph itself and then resize your graph to make it more legible.