DISTILL IQ collects data from publicly available data sources including the U.S. Bureau of Labor Statistics, U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Transportation Statistics, U.S. Energy Information Administration, and U.S. Department of the Treasury. Future releases will see an expansion in data sources and data sets.


DISTILL IQ utilizes a host of software libraries to deliver useful data analytics. The core software library involves Pearson's correlation coefficient which is a statistical method which calculates how linearly correlated two sets of data are.


DISTILL IQ makes searching easy. DISTILL IQ incorporates standard NAICS classifications when available and categorizes data series as close to the intended NAICS classification as possible when NAICS is unavailable. This way, users can search by category (for example, “construction”) or by consumer demographic (for example, “women aged 25 to 34”) without needing to know which agency reports which data set by category or consumer demographic.