Making Melodies out of Scraped Treasury Data at Datafest
At this weekend’s bicoastal Datafest hackathon, participants developed a stunning array of tools for transparency. We saw a map of Silicon Valley campaign contributions and located lawmakers skipping out on Capitol Hill votes in our Party Time database.
The FMS Symphony entry was one of the top prize winners in New York, and voted best in show by the audience at both Stanford and Columbia. Data analysts partnered with journalists from Reuters, the New York Times, the Huffington Post and the Daily Beast to scrape eight years of otherwise unparsable balance sheets that the U.S. Treasury issues every day to “create the first-ever electronically searchable database of the Federal government’s daily cash spending and borrowing.”
CSV Soundsystem, as the group puckishly dubbed itself, turned this into revealing data visualizations to illustrate its findings. The team literally made music of its work, interpreting the data in sound:
“Chords were selected based on the derivative of account balance, and a melody was composed based on the federal interest rate. We also included a contrapuntal riff driven by the distance between accumulated federal debt and the legal debt ceiling,” the team wrote.