Federal Reserve Economic Data

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

Title Brave-Butters-Kelley Trend Component of GDP
Series ID BBKQTRD
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 2024-12-23 7:36 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 trend component of GDP is expressed in annualized real GDP growth equivalent units.

This quarterly series is aggregated from the monthly version of the series (BBKMTRD), 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 3.3649851673962634
1960-04-01 3.3646905208968585
1960-07-01 3.3640050186889690
1960-10-01 3.3633365197057630
1961-01-01 3.3631079116831115
1961-04-01 3.3624055149858160
1961-07-01 3.3610979117632853
1961-10-01 3.3595320442690960
1962-01-01 3.3575343142891203
1962-04-01 3.3549774449672043
1962-07-01 3.3521105916549145
1962-10-01 3.3491347613337044
1963-01-01 3.3466978043781763
1963-04-01 3.3448649563029154
1963-07-01 3.3428985138192800
1963-10-01 3.3399334215116703
1964-01-01 3.3364509723982083
1964-04-01 3.3322857891770910
1964-07-01 3.3278119808795080
1964-10-01 3.3236558188559070
1965-01-01 3.3201852508448986
1965-04-01 3.3164887779509620
1965-07-01 3.3120443374710824
1965-10-01 3.3059206654159790
1966-01-01 3.2977412276423180
1966-04-01 3.2886605911099704
1966-07-01 3.2803225109636200
1966-10-01 3.2724366056973450
1967-01-01 3.2638918233350820
1967-04-01 3.2545372339697627
1967-07-01 3.2452788563291652
1967-10-01 3.2365680160332615
1968-01-01 3.2281222528683030
1968-04-01 3.2184476417398367
1968-07-01 3.2074839176573350
1968-10-01 3.1968436038623618
1969-01-01 3.1870746725720447
1969-04-01 3.1774578908568430
1969-07-01 3.1684588563243560
1969-10-01 3.1606353382769052
1970-01-01 3.1541722182795610
1970-04-01 3.1481511358026966
1970-07-01 3.1417003701229990
1970-10-01 3.1350301716900906
1971-01-01 3.1283988997552434
1971-04-01 3.1206431182416194
1971-07-01 3.1127322429565740
1971-10-01 3.1059544850465537
1972-01-01 3.1007870276609992
1972-04-01 3.0956824816969290
1972-07-01 3.0894916644797510
1972-10-01 3.0833979581958970
1973-01-01 3.0776155498426356
1973-04-01 3.0711408565109477
1973-07-01 3.0649335382451426
1973-10-01 3.0606455625082187
1974-01-01 3.0583023000379574
1974-04-01 3.0580768331570822
1974-07-01 3.0597058444655536
1974-10-01 3.0624624369263310
1975-01-01 3.0642061767115054
1975-04-01 3.0638531378512520
1975-07-01 3.0617339501524827
1975-10-01 3.0587102736929284
1976-01-01 3.0551489233771040
1976-04-01 3.0511605249514706
1976-07-01 3.0478314765006975
1976-10-01 3.0458338314324696
1977-01-01 3.0450570395235130
1977-04-01 3.0448752066567466
1977-07-01 3.0441028823135587
1977-10-01 3.0429018771580427
1978-01-01 3.0429995245558970
1978-04-01 3.0432338047852063
1978-07-01 3.0412448657240530
1978-10-01 3.0380593117586625
1979-01-01 3.0351129777999772
1979-04-01 3.0332937337528260
1979-07-01 3.0325623015802625
1979-10-01 3.0320812006587760
1980-01-01 3.0316411036377366
1980-04-01 3.0314265134575540
1980-07-01 3.0320533007869240
1980-10-01 3.0333985906151110
1981-01-01 3.0340536779330730
1981-04-01 3.0336536464342587
1981-07-01 3.0335635095969917
1981-10-01 3.0332487646888775
1982-01-01 3.0336664060953056
1982-04-01 3.0357191857605255
1982-07-01 3.0381517372060327
1982-10-01 3.0406795751720757
1983-01-01 3.0432223101221410
1983-04-01 3.0452716209257460
1983-07-01 3.0465882838642715
1983-10-01 3.0474862807245295
1984-01-01 3.0479728873953260
1984-04-01 3.0477495801500020
1984-07-01 3.0466095037271157
1984-10-01 3.0448530208237683
1985-01-01 3.0427338389623610
1985-04-01 3.0400998685131966
1985-07-01 3.0364620869451766
1985-10-01 3.0314777876367110
1986-01-01 3.0258779220304683
1986-04-01 3.0201370219517870
1986-07-01 3.0143562519978940
1986-10-01 3.0086678195458822
1987-01-01 3.0035299855250440
1987-04-01 2.9990083387278372
1987-07-01 2.9949920907620990
1987-10-01 2.9912659094257350
1988-01-01 2.9873749415319510
1988-04-01 2.9836535579895633
1988-07-01 2.9800515662168360
1988-10-01 2.9764726361836910
1989-01-01 2.9724926362413377
1989-04-01 2.9677783704915397
1989-07-01 2.9621854741900013
1989-10-01 2.9560263144788050
1990-01-01 2.9499311789205600
1990-04-01 2.9438117320949977
1990-07-01 2.9378993999412270
1990-10-01 2.9328303110351660
1991-01-01 2.9287635593599926
1991-04-01 2.9249398743930660
1991-07-01 2.9211171474772110
1991-10-01 2.9178309684654296
1992-01-01 2.9146381568217790
1992-04-01 2.9107599086760740
1992-07-01 2.9064272307792147
1992-10-01 2.9017810822130290
1993-01-01 2.8973384237337023
1993-04-01 2.8939975206267550
1993-07-01 2.8916015574026597
1993-10-01 2.8896487338718813
1994-01-01 2.8877303136527295
1994-04-01 2.8859042805677655
1994-07-01 2.8845330131977884
1994-10-01 2.8841375241977230
1995-01-01 2.8847815845901840
1995-04-01 2.8864939480345657
1995-07-01 2.8888743879348800
1995-10-01 2.8914887334455543
1996-01-01 2.8942419816638285
1996-04-01 2.8966418841826550
1996-07-01 2.8983321653357565
1996-10-01 2.8997949352088210
1997-01-01 2.9015397321462584
1997-04-01 2.9035648883467270
1997-07-01 2.9051352183224175
1997-10-01 2.9065663174752294
1998-01-01 2.9083600596565162
1998-04-01 2.9101319489784143
1998-07-01 2.9112446464070025
1998-10-01 2.9109997041196856
1999-01-01 2.9093469913228667
1999-04-01 2.9071477053038195
1999-07-01 2.9047582641215572
1999-10-01 2.9016724702348644
2000-01-01 2.8981518663722574
2000-04-01 2.8947125856062920
2000-07-01 2.8907858721745610
2000-10-01 2.8868779389126870
2001-01-01 2.8831391037914913
2001-04-01 2.8790485827793337
2001-07-01 2.8738522902252375
2001-10-01 2.8678094544955375
2002-01-01 2.8607526277764470
2002-04-01 2.8528265552040417
2002-07-01 2.8449129908638770
2002-10-01 2.8373703014494738
2003-01-01 2.8301198718819127
2003-04-01 2.8225422569906105
2003-07-01 2.8137139980066306
2003-10-01 2.8035089421874410
2004-01-01 2.7931830240596460
2004-04-01 2.7839441667018603
2004-07-01 2.7758217831375330
2004-10-01 2.7683761513707000
2005-01-01 2.7614008863185133
2005-04-01 2.7549777730286190
2005-07-01 2.7493473470959904
2005-10-01 2.7445291182225050
2006-01-01 2.7404975494653883
2006-04-01 2.7369360705979857
2006-07-01 2.7343155410186992
2006-10-01 2.7325440311091440
2007-01-01 2.7310420427057926
2007-04-01 2.7301315262833277
2007-07-01 2.7296685156853650
2007-10-01 2.7291380261972256
2008-01-01 2.7286126932540190
2008-04-01 2.7280447277177937
2008-07-01 2.7264912745329670
2008-10-01 2.7242943013489973
2009-01-01 2.7215189210395530
2009-04-01 2.7166547019070193
2009-07-01 2.7097883732076617
2009-10-01 2.7021335401935938
2010-01-01 2.6940928869000382
2010-04-01 2.6862410508539280
2010-07-01 2.6786836004712610
2010-10-01 2.6713115671419914
2011-01-01 2.6650677320493896
2011-04-01 2.6608015183205850
2011-07-01 2.6578963326386127
2011-10-01 2.6557292784532156
2012-01-01 2.6534190558139272
2012-04-01 2.6510913418712450
2012-07-01 2.6492491502905104
2012-10-01 2.6481089686111607
2013-01-01 2.6475259411190040
2013-04-01 2.6470457619617322
2013-07-01 2.6467170579111268
2013-10-01 2.6462871476091405
2014-01-01 2.6462470484742626
2014-04-01 2.6473180050795950
2014-07-01 2.6484044402414457
2014-10-01 2.6490445862078267
2015-01-01 2.6496257769607165
2015-04-01 2.6497887725151053
2015-07-01 2.6496615316007666
2015-10-01 2.6497288631649973
2016-01-01 2.6498243545936804
2016-04-01 2.6495988148107420
2016-07-01 2.6491291924498280
2016-10-01 2.6483936700805155
2017-01-01 2.6477913789576477
2017-04-01 2.6479587844691560
2017-07-01 2.6488826502031970
2017-10-01 2.6501348599846812
2018-01-01 2.6517376550461726
2018-04-01 2.6541775407248030
2018-07-01 2.6578575925654470
2018-10-01 2.6628015557937840
2019-01-01 2.6687038363971207
2019-04-01 2.6744903194828322
2019-07-01 2.6791263909440030
2019-10-01 2.6820704340724730
2020-01-01 2.6846695811741017
2020-04-01 2.6915620395467710
2020-07-01 2.7027417039316880
2020-10-01 2.7105184363020330
2021-01-01 2.7157813500977740
2021-04-01 2.7211339121843270
2021-07-01 2.7267959501390590
2021-10-01 2.7328567995325860
2022-01-01 2.7396089613607620
2022-04-01 2.7485518404803297
2022-07-01 2.7591724001397800
2022-10-01 2.7693861479897155
2023-01-01 2.7781021347702484
2023-04-01 2.7853805076270532
2023-07-01 2.7912531575548654
2023-10-01 2.7955304627818890
2024-01-01 2.7985486265228960
2024-04-01 2.8007373567731624
2024-07-01 2.8018982249918920

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