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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