Python Charts

This initial chart is a self‐contained toolkit that:

• Fetches U.S. unemployment rate (UNRATE) and WTI crude oil price (DCOILWTICO) from FRED :contentReference[oaicite:1]{index=1}
• Stores the series in a local SQLite database (data/fred.db) :contentReference[oaicite:2]{index=2}
• Produces a dual‐axis plot of unemployment vs. lagged oil price, with customizable lag, date range, and styling :contentReference[oaicite:3]{index=3}

---

🚀 Quickstart

# Clone the repo
git clone https://github.com/your-org/python_charts.git
cd python_charts

# One‐command: install deps, download data, and plot
./startup.sh --offset 12 --end 2025-05-31 --extend-years 5

This will:

1. Upgrade pip & setuptools globally

2. Install required packages from requirements.txt via

   pip install --upgrade -r requirements.txt
   

3. Download UNRATE & DCOILWTICO into data/fred.db if missing ([Stack Overflow][3], [martinheinz.dev][4])

4. Generate the chart with a 12‐month oil lead, extending the x‐axis by 5 years ([martinheinz.dev][4], [Real Python][1])

---

📁 Repository Structure

python_charts/
├── data/
│   └── fred.db                            # Local FRED snapshot (SQLite)
├── scripts/
│   ├── __init__.py                        # Marks this folder as a Python package
│   ├── common.py                          # Data‐loading, validation, and save_figure utils
│   ├── refresh_data.py                    # Downloads and stores FRED series
│   ├── lagged_oil_unrate_chart_styled.py  # Offline plot of UNRATE vs. WTI oil with lag
│   ├── bitcoin_m2_chart.py                # Plot Bitcoin vs. Global M2 overlay
│   └── custom_chart.py                    # Generic plotting for arbitrary FRED series
├── outputs/                               # Generated chart files (PNGs)
├── Makefile                               # High‐level targets (install, data, plot, etc.)
├── startup.sh                             # Installs dependencies, ensures data, runs commands
├── requirements.txt                       # Python dependencies
└── README.md                              # This file

Note: An empty scripts/__init__.py file has been added so that Python treats scripts/ as a package. Because of this, each script can import common.py via:

from common import fetch_series_db, save_figure, validate_dataframe, validate_overlap

rather than from scripts.common import …. ([Real Python][1], [Software Engineering Stack Exchange][2])

---

⚙️ Usage

1. Refresh FRED Data

To refresh (or initially populate) the SQLite database with FRED series, run:

./startup.sh python scripts/refresh_data.py --series UNRATE CPIAUCSL --start 1960-01-01 --output outputs/chart.png

This command:

• Connects to FRED via pandas_datareader
• Downloads the specified series (e.g., UNRATE and CPIAUCSL) from the start date through today
• Writes each series to its own table in data/fred.db
• Saves a PNG of any default plot (if --output is provided) to outputs/ ([Stack Overflow][3], [GitHub][5])

refresh_data.py options

Option	Description
--series	One or more FRED series names (e.g., UNRATE, DCOILWTICO)
--start	Start date in YYYY-MM-DD format
--end	End date in YYYY-MM-DD format (defaults to today)

Example:

./startup.sh python scripts/refresh_data.py --series UNRATE DCOILWTICO CBBTCUSD GLOBAL_M2 --start 1973-01-01

This populates fred.db with four series (UNRATE, WTI, Bitcoin, and Global M2). ([Stack Overflow][3], [martinheinz.dev][4])

---

2. Generate the Default UNRATE vs. Oil Chart

Once data is present, generate the dual‐axis plot of UNRATE vs. lagged WTI oil price:

# Default: 18‐month lag, default date range (1973‐01‐01 to today), and 3‐year extension
./startup.sh python scripts/lagged_oil_unrate_chart_styled.py --offset 18

• The script will:

  1. Import UNRATE and DCOILWTICO from fred.db via:

     from common import fetch_series_db, save_figure, validate_dataframe, validate_overlap
     

     ([Real Python][1], [Software Engineering Stack Exchange][2])

  2. Convert both series to month‐end indices, resample oil to a monthly average, and align their date ranges.

  3. Validate that neither series is empty, contains NaN, or has no overlap (raising a ValueError if any issue).

  4. Apply the specified lag (e.g., 18 months), then plot UNRATE on the left y‐axis (3%–15%, ticks every 2%) and log-scaled WTI on the right y‐axis (doubling ticks).

  5. Save the figure to outputs/lagged_oil_unrate_chart_styled_<timestamp>.png (unless --output is specified). ([martinheinz.dev][4], [Real Python][1])

Customizing the UNRATE vs. Oil Chart

# 6‐month lag, start in 1980, end in 2025‐05‐31, extend by 2 years
./startup.sh python scripts/lagged_oil_unrate_chart_styled.py --offset 6 --start 1980-01-01 --end 2025-05-31 --extend-years 2

Option	Description
--offset	Lag in months (positive means oil is shifted forward relative to UNRATE)
--start	Start date for both series (YYYY-MM-DD)
--end	End date for both series (YYYY-MM-DD)
--extend-years	Number of years to extend the x‐axis beyond the end date
--output	Save the figure to this path (PNG or PDF)

Note: If you do not specify --output, save_figure(...) creates a timestamped PNG in outputs/ by default: outputs/lagged_oil_unrate_chart_styled_20250531_121045.png ([Python Packaging][6], [Real Python][1])

---

Custom Charts

You can plot any combination of FRED series stored in data/fred.db using scripts/custom_chart.py. Each column in the DataFrame is plotted on a shared axis.

# Example: plot both UNRATE and WTI Oil from 2000 through 2020
./startup.sh python scripts/custom_chart.py --series UNRATE DCOILWTICO --start 2000-01-01 --end 2020-12-31

• Internally, custom_chart.py invokes:

  from common import fetch_series_db, save_figure
  

  to load the requested series and save the figure.

• The same invocation is available via Make:

  make plot-custom ARGS="--series UNRATE DCOILWTICO --start 2000-01-01 --end 2020-12-31"
  ``` :contentReference[oaicite:12]{index=12}  
  

---

Bitcoin vs. Global M2

After downloading the required series, generate the Bitcoin‐Global M2 overlay chart:

./startup.sh python scripts/bitcoin_m2_chart.py --btc-series CBBTCUSD --m2-series GLOBAL_M2 --output outputs/chart.png

• This script:

  1. Imports both series from fred.db with:

     from common import fetch_series_db, save_figure
     

     ([Real Python][1], [Software Engineering Stack Exchange][2])

  2. Renames each column to "value" for consistency.

  3. Finds the overlapping date range, shifts M2 by --offset (default = 94 days), and overlays the two series on dual axes.

  4. Saves the figure—e.g., outputs/bitcoin_m2_chart_20250531_090608.png ([martinheinz.dev][4], [Real Python][1])

CLI Options for bitcoin_m2_chart.py:

Option	Default	Description
--btc-series	CBBTCUSD	FRED series code for Bitcoin price
--m2-series	GLOBAL_M2	FRED series code for global M2 money supply
--start	2010-01-01	Start date for fetching both series
--end	Today	End date for fetching both series
--offset	94	Shift M2 by this many days (positive → M2 leads)
--extend-years	1	Years beyond end to extend the x‐axis
--output	None	Optional path to save the figure (PNG/PDF)

---

📝 Details

• Data storage:

  • data/fred.db (SQLite) contains one table per FRED series—each table has columns date (as the index) and <SERIES_NAME> for the value ([Stack Overflow][3], [martinheinz.dev][4]).

• Plot styling:

  • Lagged oil vs. UNRATE chart:

    • Left y‐axis: Unemployment rate (%) from 3% to 15%, with tick marks every 2%
    • Right y‐axis: WTI oil price (USD) on a log scale; ticks double starting at $3 (i.e., 3, 6, 12, 24, etc.) ([martinheinz.dev][4], [Real Python][1])
    • X‐axis: Major tick every 5 years, minor tick every year; format ticks as %Y (e.g., 1980, 1985, 1990) ([Real Python][1], [martinheinz.dev][4])

  • Bitcoin vs. Global M2 chart:

    • Left y‐axis: Bitcoin price (USD) as a linear scale
    • Right y‐axis: Global M2 (billions of USD) as a linear scale
    • X‐axis: Same date formatting as above (major = every 5 years, minor = yearly) ([Real Python][1], [martinheinz.dev][4])

• Utility functions in common.py:

  • fetch_series_db(series_list, start, end, db_path)

    • Opens data/fred.db, reads each series table, slices by date range, and concatenates into a single DataFrame, sorted by date. Raises FileNotFoundError if fred.db is missing. ([Stack Overflow][3], [martinheinz.dev][4])

  • validate_dataframe(df, name)

    • Confirms the DataFrame is nonempty, has a "value" column, contains no nulls, and uses a DatetimeIndex. Raises ValueError otherwise. ([devgem.io][7], [Real Python][1])

  • validate_overlap(df1, df2)

    • Checks for a nonempty overlap in dates between two series; raises ValueError if there is no intersection. ([devgem.io][7], [Real Python][1])

  • save_figure(fig, output, script_path)

    • Saves the Matplotlib Figure to either the given output path or outputs/<script>_<timestamp>.png. ([Python Packaging][6], [Real Python][1])

---

📦 Dependencies

All Python dependencies are listed in requirements.txt and are installed by ./startup.sh:

pandas>=1.5.0
pandas_datareader>=0.10.0
matplotlib>=3.5.0
lxml>=4.6.0
python-dateutil>=2.8.1

Tip: If you run into ModuleNotFoundError: distutils, resolve it by upgrading setuptools:

pip install --upgrade setuptools
``` :contentReference[oaicite:23]{index=23}  

---

🛡️ Troubleshooting

• ModuleNotFoundError: scripts.common not found

  • Ensure you have added scripts/__init__.py and that all from scripts.common import … lines have been updated to from common import …. Then rerun:

    ./startup.sh python scripts/lagged_oil_unrate_chart_styled.py --offset 18
    ``` :contentReference[oaicite:24]{index=24}
    
    

• ValueError: UNRATE contains null values

  • This indicates that the UNRATE DataFrame has missing (NaN) entries. Possible fixes:

    1. Drop nulls within SQL—e.g., run refresh_data.py --end using the last fully published month rather than “today” ([devgem.io][7], [pyOpenSci][8])
    2. Forward‐fill or backward‐fill missing UNRATE values in common.py before validation (if appropriate) ([pyOpenSci][8], [Real Python][1])
    3. Comment out the strict null check in validate_dataframe(...) (not recommended for publication‐quality charts) ([devgem.io][7], [Real Python][1])

• Database not found

  • If data/fred.db does not exist (e.g., fresh clone), run:

    ./startup.sh python scripts/refresh_data.py --series UNRATE DCOILWTICO
    ``` :contentReference[oaicite:28]{index=28}  
    
    

• Permission errors

  • Ensure you have write access to the project directory, especially for data/ and outputs/. ([Real Python][1], [Roy's Blog][9])

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📄 License

Released under the MIT License. See LICENSE for details. ([Roy's Blog][9], [Real Python][1])