The new Obama administration's focus on transparency and the recent economic crisis has given a great deal of attention on the value of online APIs for accessing government data. One of the latest examples comes from the Federal Reserve Bank of St. Louis who have recently released a new API to access their FRED database, a comprehensive collection of U.S. economic trends. The API also provides online access to ALFRED, an archive of historic economic data, which features information dating all the way back to the 1920s. We've added a FRED API Profile with technical details.
Government and Public organizations have taken positive moves in opening up data to the public. We are now seeing a next step in the process to involve citizens to solve challenges that government agencies face today and rewarding them in the process. And now there's a central place to find these government challenges and contests.