Federal Reserve Economic Data

Table Data - Brave-Butters-Kelley Irregular Component of GDP

Title Brave-Butters-Kelley Irregular Component of GDP
Series ID BBKQIR
Source Indiana University: Indiana Business Research Center
Release Brave-Butters-Kelley Indexes
Seasonal Adjustment Seasonally Adjusted
Frequency Quarterly
Units Annualized Percent Change from Preceding Period
Date Range 1960-01-01 to 2024-07-01
Last Updated 2024-12-02 7:53 PM CST
Notes The Brave-Butters-Kelley Indexes (BBKI) are the byproduct of research originally conducted by the Federal Reserve Bank of Chicago. Currently, the BBKI are maintained and produced by the Indiana Business Research Center at the Kelley School of Business at Indiana University. The BBK Coincident and Leading Indexes and Monthly GDP Growth for the U.S. are constructed from a collapsed dynamic factor analysis of a panel of 490 monthly measures of real economic activity and quarterly real GDP growth.

The irregular component of GDP is expressed in annualized real GDP growth equivalent units.

This quarterly series is aggregated from the monthly version of the series (BBKMIR), using the triangle average described in Brave, Butters, and Kelley (2019) to approximate quarterly annualized (log) percent changes from the monthly series.

For more details, see also:
Brave, Scott A., Ross Cole, and David Kelley, 2019, A 'big data' view of the U.S. economy: Introducing the Brave-Butters-Kelley Indexes, Chicago Fed Letter, Federal Reserve Bank of Chicago, No. 422. Crossref, https://doi.org/10.21033/cfl-2019-422
Brave, Scott A., R. Andrew Butters, and David Kelley, 2019, A new 'big data' index of U.S. economic activity, Economic Perspectives, Federal Reserve Bank of Chicago, Vol. 43, No. 1. Crossref, https://doi.org/10.21033/ep-2019-1
DATE VALUE
1960-01-01 4.0781569928595600000
1960-04-01 -1.9681133849701830000
1960-07-01 2.3584147034743740000
1960-10-01 -3.5251495548717973000
1961-01-01 2.7023903035154110000
1961-04-01 0.1919447793642527800
1961-07-01 0.3553045280528121500
1961-10-01 0.2479902760517742300
1962-01-01 1.5551242277736135000
1962-04-01 -0.6333597628635930000
1962-07-01 1.4996029176239607000
1962-10-01 -2.0295501339326930000
1963-01-01 0.0544808746449159500
1963-04-01 -1.5856746661928345000
1963-07-01 4.2422725821145520000
1963-10-01 -2.1777810527592374000
1964-01-01 3.1803317825605020000
1964-04-01 -1.1914282774593900000
1964-07-01 1.2876459224402164000
1964-10-01 -3.5028979694566580000
1965-01-01 2.5525947344852695000
1965-04-01 -0.8656197970207392000
1965-07-01 3.2370740720093740000
1965-10-01 2.5909878070928616000
1966-01-01 2.3893935970711060000
1966-04-01 -3.0069645433589320000
1966-07-01 -0.1830912224172090700
1966-10-01 0.7072418945279836000
1967-01-01 2.3546902622963493000
1967-04-01 -1.5443547906029644000
1967-07-01 0.3322821746950127600
1967-10-01 -2.3885065845232470000
1968-01-01 3.1770872880068480000
1968-04-01 2.1696582340871620000
1968-07-01 -0.6493246581139198000
1968-10-01 -2.8971093286709233000
1969-01-01 2.1038930472054880000
1969-04-01 -2.2528557970164590000
1969-07-01 -0.3379394624915546000
1969-10-01 -3.3888534915786512000
1970-01-01 0.3749814829102233000
1970-04-01 0.0557556164317323200
1970-07-01 2.1435826881033315000
1970-10-01 -3.7947302956525637000
1971-01-01 5.5968264439754610000
1971-04-01 -2.0853507411614047000
1971-07-01 -0.0025236161578345057
1971-10-01 -4.1878436277386060000
1972-01-01 0.2357436095048069400
1972-04-01 3.4279802568861473000
1972-07-01 -1.2983713767506664000
1972-10-01 -1.3629758039230664000
1973-01-01 2.3303741849183517000
1973-04-01 0.6371498713998592000
1973-07-01 -4.9334629597338955000
1973-10-01 -0.2262086459295135600
1974-01-01 -4.7059009401195170000
1974-04-01 -0.5291935939587580000
1974-07-01 -4.0917980485284400000
1974-10-01 3.2258926826219905000
1975-01-01 2.4327781958897705000
1975-04-01 2.7431040722815220000
1975-07-01 0.8787650624268287000
1975-10-01 -0.0024182749074844570
1976-01-01 1.9449433288612938000
1976-04-01 -1.6730865077766420000
1976-07-01 -1.8229665165134565000
1976-10-01 -1.5595789892085417000
1977-01-01 -1.2562160324606493000
1977-04-01 0.9942811096500441000
1977-07-01 2.5803633467789680000
1977-10-01 -3.8862429979280240000
1978-01-01 -1.7856237355529190000
1978-04-01 6.7495244002082435000
1978-07-01 -0.3372835313119458000
1978-10-01 0.4150530237459087000
1979-01-01 -1.9765580684930344000
1979-04-01 -2.1454120167412456000
1979-07-01 0.7889286808466690000
1979-10-01 -0.6641519040164692000
1980-01-01 0.6501993469774373000
1980-04-01 -1.8253499438959220000
1980-07-01 -1.2206150443343637000
1980-10-01 0.2489570465834965700
1981-01-01 4.8025084351941790000
1981-04-01 -4.7655643315595050000
1981-07-01 3.5019720535098730000
1981-10-01 -1.3388529061276286000
1982-01-01 -4.4410989285205450000
1982-04-01 1.7151088426786876000
1982-07-01 -1.0728353065696352000
1982-10-01 0.1494283907292121600
1983-01-01 0.4004013059359337000
1983-04-01 1.6984762502188310000
1983-07-01 -0.0928408366183469700
1983-10-01 0.7094083351073622000
1984-01-01 0.6408794360560420000
1984-04-01 1.6725524688798792000
1984-07-01 0.6102547755705937000
1984-10-01 0.1456832805027965800
1985-01-01 0.8217367198690471000
1985-04-01 0.5833645832287366000
1985-07-01 3.1890805520409646000
1985-10-01 -0.2705684968515747500
1986-01-01 0.5701014092649116000
1986-04-01 -0.4034172777720456000
1986-07-01 0.5691108373098956000
1986-10-01 -1.2256684522705619000
1987-01-01 -0.8498206009978176000
1987-04-01 -0.1191995610812325900
1987-07-01 -1.5412922363607830000
1987-10-01 2.0094799139330215000
1988-01-01 -1.7662907555706584000
1988-04-01 0.9430001397733464000
1988-07-01 -0.9753085737035004000
1988-10-01 1.0476213837250137000
1989-01-01 0.7978172875115160000
1989-04-01 1.1290100817585540000
1989-07-01 1.4645457389564873000
1989-10-01 -1.3108456180169480000
1990-01-01 0.8776362385076752000
1990-04-01 -0.3795784483525964000
1990-07-01 -0.9147065349292368000
1990-10-01 -2.1316530054340100000
1991-01-01 0.1046173922401010500
1991-04-01 0.7739627418965475000
1991-07-01 -1.5146163706047740000
1991-10-01 -0.5122085314207832000
1992-01-01 2.1207328177021965000
1992-04-01 -0.1825144027517596500
1992-07-01 0.6703792749874479000
1992-10-01 0.5261076163904297000
1993-01-01 -2.7323632449454020000
1993-04-01 -0.5619718624651859000
1993-07-01 -1.0907118698069065000
1993-10-01 0.7074346743192946000
1994-01-01 -0.5503398213336379000
1994-04-01 0.1815327775397987000
1994-07-01 -2.1635430890105423000
1994-10-01 -0.5849519796028234000
1995-01-01 -1.9706025057457760000
1995-04-01 -0.7681763512724487000
1995-07-01 0.1143507416082063500
1995-10-01 -0.5926055406567552000
1996-01-01 0.3008578133885062000
1996-04-01 1.8368166944411508000
1996-07-01 -0.3749555892214151400
1996-10-01 0.2503155282584942000
1997-01-01 -1.8189213720510804000
1997-04-01 2.0851826250343053000
1997-07-01 -0.0994407487097171000
1997-10-01 -1.0932634714494710000
1998-01-01 0.2584175048507915000
1998-04-01 0.5328251122159093000
1998-07-01 1.9332294845288782000
1998-10-01 2.4678370960495690000
1999-01-01 0.2801860584588008000
1999-04-01 -0.3483806497058587500
1999-07-01 1.2014812204332115000
1999-10-01 1.7059225997021985000
2000-01-01 -2.6168790435306644000
2000-04-01 3.3769285522486046000
2000-07-01 -1.9833346669929195000
2000-10-01 0.8610572422765034000
2001-01-01 -1.1347952238555850000
2001-04-01 3.4577055276420436000
2001-07-01 -0.4734270250476112000
2001-10-01 1.8816760740357774000
2002-01-01 1.6705322651153005000
2002-04-01 -0.7570113091030627000
2002-07-01 -0.2349513367328479300
2002-10-01 -0.7941542578503636000
2003-01-01 0.2890304760881366500
2003-04-01 1.7350497427571836000
2003-07-01 2.6657001757424330000
2003-10-01 0.0143127879505458920
2004-01-01 -2.0668241043325613000
2004-04-01 -1.5003392506465452000
2004-07-01 -0.5537568592347585000
2004-10-01 -0.7336550563544450000
2005-01-01 -0.1605360686603846000
2005-04-01 -1.7483396049770725000
2005-07-01 -0.1366461114969644300
2005-10-01 -2.2535074146364886000
2006-01-01 0.9038307065338401000
2006-04-01 -1.9627641171850925000
2006-07-01 -1.6819487506533903000
2006-10-01 1.0462332118946303000
2007-01-01 -1.7634354641250953000
2007-04-01 -0.4121031312956301000
2007-07-01 0.1713299669529672000
2007-10-01 0.6420581198262396000
2008-01-01 -1.6850862506143187000
2008-04-01 2.9944390823247407000
2008-07-01 0.6342640292417264000
2008-10-01 -1.1147264786080064000
2009-01-01 4.2477385757929405000
2009-04-01 3.1362183025056862000
2009-07-01 -0.3990140509104641600
2009-10-01 1.6274013985579843000
2010-01-01 -1.0133880763917902000
2010-04-01 -0.3952106707117065000
2010-07-01 0.2954373196797304000
2010-10-01 -0.8053917488122688000
2011-01-01 -4.4856022159359010000
2011-04-01 -0.0239004522083686270
2011-07-01 -2.5765187090804473000
2011-10-01 1.8197358685561970000
2012-01-01 -0.3968247631515493000
2012-04-01 -0.7069217285600351000
2012-07-01 -0.7096330337974326000
2012-10-01 -1.5398196609510306000
2013-01-01 1.0820064545569619000
2013-04-01 -1.2232632565762058000
2013-07-01 0.6894961026586025000
2013-10-01 0.4685795115797424000
2014-01-01 -3.6626557760755345000
2014-04-01 1.1843275512094547000
2014-07-01 1.1735220359519847000
2014-10-01 -1.1604183587882886000
2015-01-01 1.4108789506384767000
2015-04-01 0.3684678148489523000
2015-07-01 -0.6133557939918207000
2015-10-01 -0.3235822533586902000
2016-01-01 1.1020174512706500000
2016-04-01 -0.3315201818172103000
2016-07-01 0.8559051012440234000
2016-10-01 -0.0622032182059412500
2017-01-01 -1.3470998356463826000
2017-04-01 -1.2335274141510664000
2017-07-01 -0.0097918834954379180
2017-10-01 -0.3227130582440595500
2018-01-01 -0.9087618263745018000
2018-04-01 -2.0330559343919825000
2018-07-01 -1.1297797418630775000
2018-10-01 -2.1641864314048890000
2019-01-01 0.6807030621464288000
2019-04-01 1.2340190996726585000
2019-07-01 2.7747545075194280000
2019-10-01 1.8079253730436124000
2020-01-01 -3.5986739171356390000
2020-04-01 -17.9765263891328500000
2020-07-01 18.4738055228735500000
2020-10-01 -2.2863060163388376000
2021-01-01 0.4440713828000587000
2021-04-01 -0.0813062985833578000
2021-07-01 -1.6340743462785496000
2021-10-01 1.6183229391444060000
2022-01-01 -5.1018701537816200000
2022-04-01 -2.3790176848987790000
2022-07-01 1.1044171314469258000
2022-10-01 2.4882652923488620000
2023-01-01 1.6309865212537697000
2023-04-01 1.4705678970344394000
2023-07-01 2.4128007635822106000
2023-10-01 1.7422871348973001000
2024-01-01 0.3997147559661754000
2024-04-01 1.4628885229591270000
2024-07-01 1.4234481546618090000

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