The database is growing…
Over the last year, we’ve been working on making it more intuitive and efficient for users to find data in the application. Ongoing development and improvement is one of the cornerstones of the company, which is very clear when you look at our rapidly growing database.
Our policy is to accommodate user requests for data as often, and as quickly as possible. Since the launch of the application, our core data offering has evolved to cover everything from standard indicators for all countries, to a growing coverage of primary sources, more granular data, and even additions specific to current events.
But it’s also easier to navigate
If ongoing development and improvement is one of the cornerstones, then enhancing productivity is the raison d’etre of the application. No matter how much data we have or how many tools or features we add, these developments won’t be worth anything if it becomes laborious or time consuming to make use of them.
And, with that said – let me present to you…
A recap of 2016’s data navigation improvements
If you’ve had your head down hard at work all year, then this is a good chance to find out which improvements you might have missed. Who knows, if you make use of some of these, you might even be able to look up once in a while during 2017.
The Data Structure Project
Two focus areas
- Restructuring the By Source view to present data using the same structure as the source. A gradual process, starting with certain categories for developed markets.
- A scaling function to simplify the way you view this data, allowing you to customize which, and how much data is shown for a selected category. Read more here.
Replicating the source structure
To date we have restructured more than 320 releases for 38 different countries.
For China, for example, 26 releases from seven different sources have been restructured. Below is an example of SouFun CREIS Real Estate Hundred Cities.
SouFun CREIS Real Estate Hundred Cities
The focus for this project has been on releases in selected categories:
- National Accounts
- Balance of Payments
- Banking & Credit
Other restructured releases not in these categories include but are not limited to:
- US Flow of Funds
- US TIC SLT Report
- BoE Industrial Analysis of MFI deposits to UK Residents
- Government Revenues & Expenditures for Finland
Coming in 2017
Continued restructuring of releases for the Banking & Credit category
Prioritizing the Flow of Funds category
Introducing this structure to the By country view, where relevant
The By Concept view
What is it?
As the name suggests, it’s a separate view of the economics database that allows you to navigate data by concept, such as Banking and Credit or Foreign Finance, for both national and international sources. Read more about it here. We have also added certain international sources that we believe users would benefit from viewing this way. None of these databases were included in the Economics database previously, and could only be viewed as distinct trees.
Since the launch of this view, we have added a few new nodes for national sources, focusing on deepening granularity for:
- GDP types
- Inflation target rates
- Monetary base
For international sources (that users can find under All sources), we have added:
- IMF IFS
- UN World Population Prospects
- Heritage Foundation data
- World Bank Doing Business, BIS Credit and JEDH
- OECD Quarterly National Accounts.
- ECB data
ECB data viewed by concept
Coming in 2017
Structuring Eurostat data for access through the By concept view