{"id":20866,"date":"2025-01-10T07:22:20","date_gmt":"2025-01-10T07:22:20","guid":{"rendered":"https:\/\/peraltafinancing.com\/analytics\/what-does-fred-teach-us-about-successful-data-products-juice-analytics\/"},"modified":"2025-01-10T07:22:20","modified_gmt":"2025-01-10T07:22:20","slug":"what-does-fred-teach-us-about-successful-data-products-juice-analytics","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=20866","title":{"rendered":"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics"},"content":{"rendered":"


\n
<\/p>\n

\n

Sadly, we don\u2019t have a huge number of public examples of data products that generate that kind of enthusiasm. Spotify Wrapped<\/a> is a personalized, consumer example that also boasts a strong fandom. More often than not, data products results in gnashing of teeth at the data, poor user experience, a puzzling over the value.<\/p>\n

Why does FRED break through?\u00a0Reading through the comments on the article reveals how this solution has found a loyal audience: <\/p>\n

    \n
  1. \n

    Low Friction<\/strong>. FRED has no paywall, advertising, or passwords to stand in the way of getting to value fast.<\/p>\n<\/li>\n

  2. \n

    Credibility<\/strong>. FRED uses data from trusted sources such as the BLS and US Census. People believe the data they are seeing, and therefore are willing to move on to interpreting what it means.<\/p>\n<\/li>\n

  3. \n

    Easy Sharing<\/strong>. Commenters rave about being able to save graphs that they can use in their discussions. The NYTs notes: \u201cThe tool\u2019s signature baby blue graphs dot social media and crop up on many of the world\u2019s most popular news websites.\u201d<\/p>\n<\/li>\n

  4. \n

    Usability<\/strong>. FRED is easy to learn and has been refined over time. Currently the product team is rolling out updates to the visualization. One commenter theorizes: \u201cI think a lot of people switched to Fred after the horrible redesign of US census \u2018Data Finder\u2019.\u201d<\/p>\n<\/li>\n

  5. \n

    Simplicity and Focus<\/strong>. FRED doesn\u2019t try to do too much. Its primary visualization is a trend chart. Users pick from thousands of economic metrics to see how the numbers are changing. That\u2019s it.<\/p>\n<\/li>\n

  6. \n

    User Control<\/strong>. A much-appreciated feature is the ability to transform the data with simple formulas. There is a simple calculation UI that makes this possible. Many of the commenters shared their favorite, customized graph that they had composed from the data. <\/p>\n<\/li>\n

  7. \n

    Data that Matters<\/strong>. The information available in FRED influences important financial decisions on Wall Street and drives economic policy. While there are plenty of people posting economic data on social media, the core audience for FRED are professionals who use this information for their job.<\/p>\n<\/li>\n

  8. \n

    Evolution<\/strong>. Good (data) products take time to improve. FRED has been around in a digital form since 1995. The St. Louis Fed understood the vision for the product and has continuously invested to make it better.<\/p>\n<\/li>\n<\/ol>\n

    To build a better data product, we can do worse than model our approach after FRED. Let us show you how<\/a>.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

    Sadly, we don\u2019t have a huge number of public examples of data products that generate that kind of enthusiasm. Spotify Wrapped is a personalized, consumer example that also boasts a strong fandom. More often than not, data products results in gnashing of teeth at the data, poor user experience, a puzzling over the value. Why […]<\/p>\n","protected":false},"author":1,"featured_media":20867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12033],"tags":[12765,11603,13661,1993,6089,11120,11563],"dealstore":[],"offerexpiration":[],"class_list":["post-20866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analytics","tag-analytics","tag-data","tag-fred","tag-juice","tag-products","tag-successful","tag-teach"],"yoast_head":"\nWhat Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=20866\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Sadly, we don\u2019t have a huge number of public examples of data products that generate that kind of enthusiasm. Spotify Wrapped is a personalized, consumer example that also boasts a strong fandom. More often than not, data products results in gnashing of teeth at the data, poor user experience, a puzzling over the value. Why […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=20866\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-10T07:22:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1320\" \/>\n\t<meta property=\"og:image:height\" content=\"447\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=20866#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=20866\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics\",\"datePublished\":\"2025-01-10T07:22:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=20866\"},\"wordCount\":405,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=20866#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png\",\"keywords\":[\"Analytics\",\"Data\",\"FRED\",\"Juice\",\"Products\",\"Successful\",\"Teach\"],\"articleSection\":[\"Analytics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=20866#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=20866\",\"url\":\"https:\/\/fivemor.com\/?p=20866\",\"name\":\"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=20866#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=20866#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png\",\"datePublished\":\"2025-01-10T07:22:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=20866#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=20866\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=20866#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png\",\"width\":1320,\"height\":447},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=20866#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=20866","og_locale":"en_US","og_type":"article","og_title":"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics - Som2ny Network","og_description":"Sadly, we don\u2019t have a huge number of public examples of data products that generate that kind of enthusiasm. Spotify Wrapped is a personalized, consumer example that also boasts a strong fandom. More often than not, data products results in gnashing of teeth at the data, poor user experience, a puzzling over the value. Why […]","og_url":"https:\/\/fivemor.com\/?p=20866","og_site_name":"Som2ny Network","article_published_time":"2025-01-10T07:22:20+00:00","og_image":[{"width":1320,"height":447,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=20866#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=20866"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics","datePublished":"2025-01-10T07:22:20+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=20866"},"wordCount":405,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=20866#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png","keywords":["Analytics","Data","FRED","Juice","Products","Successful","Teach"],"articleSection":["Analytics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=20866#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=20866","url":"https:\/\/fivemor.com\/?p=20866","name":"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=20866#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=20866#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png","datePublished":"2025-01-10T07:22:20+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=20866#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=20866"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=20866#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/UnemploymentRateChart.png","width":1320,"height":447},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=20866#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"What Does FRED Teach Us about Successful Data Products? \u2014 Juice Analytics"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/20866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20866"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/20866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/20867"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20866"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=20866"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=20866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}