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 2024-10-01
Last Updated 2025-02-03 7:31 AM 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 4.0404172163382320000
1960-04-01 -1.9114227194322450000
1960-07-01 2.3821685719140264000
1960-10-01 -3.4995375778258166000
1961-01-01 2.7560298340748193000
1961-04-01 0.1867155702992555300
1961-07-01 0.3677313189869447000
1961-10-01 0.2427444852055100400
1962-01-01 1.5939253443158380000
1962-04-01 -0.6144362955999265000
1962-07-01 1.5155623159334628000
1962-10-01 -2.0124730669483600000
1963-01-01 0.0605615218165100260
1963-04-01 -1.5898512781196237000
1963-07-01 4.2860409608078540000
1963-10-01 -2.1642168381573060000
1964-01-01 3.2053112265108170000
1964-04-01 -1.1793537946660437000
1964-07-01 1.2818348564337040000
1964-10-01 -3.4807753667143726000
1965-01-01 2.5456235666211766000
1965-04-01 -0.8389098818628276000
1965-07-01 3.2709320631810117000
1965-10-01 2.6296060901503724000
1966-01-01 2.3910734357191883000
1966-04-01 -3.0003750073169710000
1966-07-01 -0.1845933025441326700
1966-10-01 0.7294524511068021000
1967-01-01 2.3911566092875822000
1967-04-01 -1.5310896571076715000
1967-07-01 0.3349046899278843600
1967-10-01 -2.4015589980298290000
1968-01-01 3.2055278174065790000
1968-04-01 2.1936765012302772000
1968-07-01 -0.6438417624789733000
1968-10-01 -2.9202417192781085000
1969-01-01 2.1092539304066595000
1969-04-01 -2.2576562888537253000
1969-07-01 -0.3556730857883743000
1969-10-01 -3.4136222734524960000
1970-01-01 0.4006174212322806000
1970-04-01 0.0725982268373124400
1970-07-01 2.1268921491280293000
1970-10-01 -3.7392625820083105000
1971-01-01 5.5737225702314690000
1971-04-01 -2.0881677139541220000
1971-07-01 -0.0042894903170012785
1971-10-01 -4.2199718414094840000
1972-01-01 0.2081349357106924000
1972-04-01 3.4415283877640297000
1972-07-01 -1.2852605625238878000
1972-10-01 -1.3995904325415938000
1973-01-01 2.3175809193572996000
1973-04-01 0.6484048494250474000
1973-07-01 -4.9592335325233945000
1973-10-01 -0.2852420251303128000
1974-01-01 -4.7175826852453990000
1974-04-01 -0.5559583080437529000
1974-07-01 -4.1217453537934645000
1974-10-01 3.2620629232130787000
1975-01-01 2.5250808780866185000
1975-04-01 2.7631789777088533000
1975-07-01 0.8528477282989777000
1975-10-01 0.0178514135606107800
1976-01-01 1.9172633793248763000
1976-04-01 -1.6760225812187040000
1976-07-01 -1.8484777326240964000
1976-10-01 -1.5753633782601935000
1977-01-01 -1.2683158483520058000
1977-04-01 0.9789078663030125000
1977-07-01 2.5933741291807393000
1977-10-01 -3.9306004412734987000
1978-01-01 -1.7373991584198427000
1978-04-01 6.7180565308970820000
1978-07-01 -0.2922510344864343000
1978-10-01 0.3843574582669157000
1979-01-01 -1.9808985775784154000
1979-04-01 -2.1520319622791890000
1979-07-01 0.7867205029277274000
1979-10-01 -0.6608841168828808000
1980-01-01 0.6161924603502947000
1980-04-01 -1.7458083599641540000
1980-07-01 -1.2342025529125260000
1980-10-01 0.2054396471953008300
1981-01-01 4.8423237800860310000
1981-04-01 -4.7699502989019170000
1981-07-01 3.4928935392645570000
1981-10-01 -1.3137063209537556000
1982-01-01 -4.4489594347244650000
1982-04-01 1.7108930831906960000
1982-07-01 -1.0696488467469396000
1982-10-01 0.1884499777329362000
1983-01-01 0.3801379709999843000
1983-04-01 1.7015884081890473000
1983-07-01 -0.0949537318044226300
1983-10-01 0.7116538399643330000
1984-01-01 0.6374529970756727000
1984-04-01 1.6919628506100517000
1984-07-01 0.6347182804114467000
1984-10-01 0.1494214808929500700
1985-01-01 0.8368686302852886000
1985-04-01 0.6011306945069799000
1985-07-01 3.2154583052591157000
1985-10-01 -0.2512553566840431000
1986-01-01 0.5641895872293587000
1986-04-01 -0.3941698952890762600
1986-07-01 0.5666865157518077000
1986-10-01 -1.2287571938958561000
1987-01-01 -0.8478281808797395000
1987-04-01 -0.1281795870240420000
1987-07-01 -1.5546190547110816000
1987-10-01 2.0077819116112940000
1988-01-01 -1.7553971239663462000
1988-04-01 0.9295348064851970000
1988-07-01 -0.9643731570367150000
1988-10-01 1.0432117799658582000
1989-01-01 0.8118510985387196000
1989-04-01 1.1415804599754890000
1989-07-01 1.4911536176933329000
1989-10-01 -1.3044533819372570000
1990-01-01 0.8604517233706868000
1990-04-01 -0.3674481808368290600
1990-07-01 -0.9315577337390580000
1990-10-01 -2.1342248554338408000
1991-01-01 0.1316163946599264200
1991-04-01 0.7542351163343276000
1991-07-01 -1.5378636000035446000
1991-10-01 -0.5011989572598777000
1992-01-01 2.1363665844962947000
1992-04-01 -0.1958218266935294600
1992-07-01 0.6790554697142106000
1992-10-01 0.5181867352121732000
1993-01-01 -2.7528418713809177000
1993-04-01 -0.5783075865329159000
1993-07-01 -1.0881909703881490000
1993-10-01 0.6861023009457756000
1994-01-01 -0.5468120850054428000
1994-04-01 0.1598970520019590300
1994-07-01 -2.1776887349283736000
1994-10-01 -0.6210430313478740000
1995-01-01 -1.9898864853814053000
1995-04-01 -0.7659621533784745000
1995-07-01 0.1073543225734650600
1995-10-01 -0.6061585079466344000
1996-01-01 0.3293012613759390700
1996-04-01 1.8232187478819784000
1996-07-01 -0.3679813282072874600
1996-10-01 0.2437579126690966600
1997-01-01 -1.8282799823230890000
1997-04-01 2.0960967797939080000
1997-07-01 -0.1112714718426351100
1997-10-01 -1.1042340922467004000
1998-01-01 0.2587020414532268000
1998-04-01 0.5409805739202884000
1998-07-01 1.9643043742449073000
1998-10-01 2.4796864348229820000
1999-01-01 0.2867242513972012000
1999-04-01 -0.3528545185677789400
1999-07-01 1.2087890743561895000
1999-10-01 1.6896085017126283000
2000-01-01 -2.6224190641274068000
2000-04-01 3.3741443321263230000
2000-07-01 -1.9738623967251818000
2000-10-01 0.8534997428133162000
2001-01-01 -1.1243584149591563000
2001-04-01 3.4804588447730946000
2001-07-01 -0.4638451753662814000
2001-10-01 1.8952108108046670000
2002-01-01 1.6824756408559300000
2002-04-01 -0.7899424059887826000
2002-07-01 -0.2361858913262333300
2002-10-01 -0.7921189410745385000
2003-01-01 0.2892995376234671600
2003-04-01 1.7667330818036278000
2003-07-01 2.6731365176638295000
2003-10-01 0.0039940595534992280
2004-01-01 -2.0877657386164010000
2004-04-01 -1.5320786426348494000
2004-07-01 -0.5773728224359627000
2004-10-01 -0.7530341598357388000
2005-01-01 -0.1815771936553213500
2005-04-01 -1.7800776649630340000
2005-07-01 -0.1417638436493094700
2005-10-01 -2.2850298086576997000
2006-01-01 0.8889211044589910000
2006-04-01 -1.9830654007542756000
2006-07-01 -1.7071225593338060000
2006-10-01 1.0420677607632844000
2007-01-01 -1.7795243566400270000
2007-04-01 -0.4360935617847554500
2007-07-01 0.1700355525886825300
2007-10-01 0.6403817330158105000
2008-01-01 -1.6826943154895637000
2008-04-01 3.0052335024429664000
2008-07-01 0.6138156892228983000
2008-10-01 -1.1059966308753266000
2009-01-01 4.3200953614597840000
2009-04-01 3.1700357285110026000
2009-07-01 -0.4224511049116016500
2009-10-01 1.6278303553506750000
2010-01-01 -1.0235532046466618000
2010-04-01 -0.4412848084563527600
2010-07-01 0.3025863930505594000
2010-10-01 -0.8299454380778029000
2011-01-01 -4.5418175241540970000
2011-04-01 -0.0531566592749540960
2011-07-01 -2.6081971447069385000
2011-10-01 1.8108711423560435000
2012-01-01 -0.4237127493558382500
2012-04-01 -0.7335173517468524000
2012-07-01 -0.7330040522554652000
2012-10-01 -1.5596725185431100000
2013-01-01 1.0537398947057004000
2013-04-01 -1.2404240933939887000
2013-07-01 0.6663095623872572000
2013-10-01 0.4412314694271000000
2014-01-01 -3.6856548959201163000
2014-04-01 1.1558960986080602000
2014-07-01 1.1492324283335202000
2014-10-01 -1.1882397202611994000
2015-01-01 1.4066951761479694000
2015-04-01 0.3530885138450174400
2015-07-01 -0.6490444936301435000
2015-10-01 -0.3279254197732210400
2016-01-01 1.0917057351736035000
2016-04-01 -0.3582073285836207500
2016-07-01 0.8334655635717826000
2016-10-01 -0.0769736827169894100
2017-01-01 -1.3800892643793654000
2017-04-01 -1.2798154332179845000
2017-07-01 -0.0143780725186817890
2017-10-01 -0.3660727477835060000
2018-01-01 -0.9455690751179360000
2018-04-01 -2.0929253428717605000
2018-07-01 -1.1797981052263182000
2018-10-01 -2.1944447527523050000
2019-01-01 0.6674273485912672000
2019-04-01 1.2344298856168860000
2019-07-01 2.7780032116008580000
2019-10-01 1.8110003876231710000
2020-01-01 -3.8005614354195467000
2020-04-01 -17.8193766116827170000
2020-07-01 18.3464108272916950000
2020-10-01 -2.2218436479926624000
2021-01-01 0.4167535899443131000
2021-04-01 -0.1253928572281946800
2021-07-01 -1.6457867310212682000
2021-10-01 1.5816588498422604000
2022-01-01 -5.1611880857932330000
2022-04-01 -2.4288940220459296000
2022-07-01 1.1026587527249976000
2022-10-01 2.5082834895816230000
2023-01-01 1.6202866970893643000
2023-04-01 1.4833216630662610000
2023-07-01 2.4124584778207345000
2023-10-01 1.7558563405762562000
2024-01-01 0.3823551998063354000
2024-04-01 1.5392583745622381000
2024-07-01 1.6589648647571824000
2024-10-01 0.5298625982657991000

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