The FOMC meeting minutes: An assessment of counting words and the diversity of views, Accessible Data

Accessible version of figures

Chart 1: Total quantitative words, FOMC minutes, 2005-2014

Year Consensus Most Many Some Several A Number Of Few Couple / Two One
2005 108 6 9 16 7 5 4 0 2
2006 116 15 11 24 17 0 1 0 5
2007 185 11 5 20 14 8 0 0 1
2008 152 24 13 40 22 8 8 0 3
2009 180 32 21 50 24 5 10 0 8
2010 174 32 21 25 24 16 21 3 12
2011 200 34 22 57 33 20 37 9 20
2012 163 33 36 48 50 22 48 26 47
2013 164 25 23 47 35 35 52 34 56
2014 178 51 29 45 43 29 36 47 30

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Chart 2: Quantitative words as a share of total words, annual average

Year Share of Total Words
2005 0.47
2006 0.54
2007 0.59
2008 0.54
2009 0.54
2010 0.57
2011 0.71
2012 0.79
2013 0.74
2014 0.73

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Chart 3: Shares of counting words in total

FOMC Participants

Year Consensus Most Many Some Several A Number Of Few Couple / Two One
2005 60.23 3.41 9.09 10.23 7.95 3.41 3.41 0.00 2.27
2006 56.92 8.46 6.92 13.85 10.77 0.00 0.77 0.00 2.31
2007 70.00 5.56 1.67 10.56 7.78 3.89 0.00 0.00 0.56
2008 51.52 6.57 6.57 16.67 10.10 4.04 3.54 0.00 1.01
2009 47.67 11.63 8.14 18.60 7.75 1.94 3.49 0.00 0.78
2010 47.52 11.16 8.26 8.26 9.09 5.79 7.02 1.24 1.65
2011 40.73 7.60 6.38 16.11 9.42 5.47 7.29 2.13 4.86
2012 25.64 7.69 8.55 11.97 11.97 5.41 11.97 7.12 9.69
2013 24.72 6.53 4.83 11.93 9.09 9.38 13.07 8.52 11.93
2014 22.87 13.30 6.65 11.44 11.44 7.45 9.31 11.17 6.38

FOMC Members

Year Consensus Most Many Some Several A Number Of Few Couple / Two One
2005 79.71 4.35 1.45 10.14 0.00 2.90 1.45 0.00 0.00
2006 71.19 6.78 3.39 10.17 5.08 0.00 0.00 0.00 3.39
2007 92.19 1.56 3.13 1.56 0.00 1.56 0.00 0.00 0.00
2008 69.44 15.28 0.00 9.72 2.78 0.00 1.39 0.00 1.39
2009 79.17 2.78 0.00 2.78 5.56 0.00 1.39 0.00 8.33
2010 68.60 5.81 1.16 5.81 2.33 2.33 4.65 0.00 9.30
2011 64.08 8.74 0.97 3.88 1.94 1.94 12.62 1.94 3.88
2012 59.84 4.92 4.92 4.92 6.56 2.46 4.92 0.82 10.66
2013 64.71 1.68 5.04 4.20 2.52 1.68 5.04 3.36 11.76
2014 82.14 0.89 3.57 1.79 0.00 0.89 0.89 4.46 5.36

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