课程: Financial Modeling Foundations

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Sources of data

Sources of data - Microsoft Excel教程

课程: Financial Modeling Foundations

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Sources of data

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- [Instructor] Identifying the data you need for a financial model is just the first step. You also need to actually go out there and gather that data from various sources. Fortunately, this is easier than it once was. Thanks to some great tools and databases that are available online. Traditionally, one big issue for firms in complex financial models was the lack of external data. You usually had to pay for that data that could be very expensive. Today, there's a variety of great sources for free external data. Three top sources you'll wanna consider, depending on what you're trying to model, are the BLS or Bureau of Labor Statistics, The Fed or Federal Reserve, and the U.S. Census Bureau. Each of these has different data sets that you could use depending on the financial model that you're trying to build. For something like in the model of how your company's labor costs will change over time and as a result how your profits will change over time, BLS data might be more helpful. For…

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