Federal Reserve Economic Data

Table Data - Index of Global Real Economic Activity

Title Index of Global Real Economic Activity
Series ID IGREA
Source Federal Reserve Bank of Dallas
Release Index of Global Real Economic Activity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Index
Date Range 1968-01-01 to 2024-10-01
Last Updated 2024-12-05 2:33 PM CST
Notes This series is an updated index of global real economic activity in industrial commodity markets, as proposed in Kilian (2009), with the correction discussed in Kilian (2019). This business-cycle index is expressed in percent deviations from trend. It is derived from a panel of dollar-denominated global bulk dry cargo shipping rates and may be viewed as a proxy for the volume of shipping in global industrial commodity markets. For further discussion of the advantages of this index compared with measures of global real GDP or global industrial production see Kilian and Zhou (2018).
DATE VALUE
1968-01-01 -12.40266300
1968-02-01 -9.08104750
1968-03-01 -10.91663800
1968-04-01 -11.04193400
1968-05-01 -10.30801200
1968-06-01 -7.35856260
1968-07-01 -11.98748800
1968-08-01 -15.61691900
1968-09-01 -14.84750700
1968-10-01 -19.77552500
1968-11-01 -8.52665440
1968-12-01 -16.20794400
1969-01-01 -18.56991100
1969-02-01 -17.77882300
1969-03-01 -16.66173400
1969-04-01 -22.50429600
1969-05-01 -27.39917700
1969-06-01 -18.42869400
1969-07-01 -26.21862700
1969-08-01 -21.62847500
1969-09-01 -14.06951900
1969-10-01 -6.30676610
1969-11-01 -0.61324026
1969-12-01 4.03964230
1970-01-01 25.57025700
1970-02-01 39.81902600
1970-03-01 53.90073900
1970-04-01 55.21243400
1970-05-01 56.75823600
1970-06-01 52.25729000
1970-07-01 47.83603400
1970-08-01 53.75551100
1970-09-01 59.07935900
1970-10-01 59.52059400
1970-11-01 54.37916700
1970-12-01 16.72078700
1971-01-01 7.93453230
1971-02-01 -16.01584900
1971-03-01 -17.76704300
1971-04-01 -23.02447400
1971-05-01 -29.75103600
1971-06-01 -53.34249200
1971-07-01 -59.56017100
1971-08-01 -63.51180100
1971-09-01 -50.07389800
1971-10-01 -59.79889800
1971-11-01 -43.56211000
1971-12-01 -48.03620400
1972-01-01 -60.03224400
1972-02-01 -66.88895900
1972-03-01 -69.46303200
1972-04-01 -60.26028900
1972-05-01 -64.20659000
1972-06-01 -66.94768600
1972-07-01 -56.75596800
1972-08-01 -63.12047500
1972-09-01 -8.77647100
1972-10-01 -5.88471500
1972-11-01 -4.74240410
1972-12-01 9.25783700
1973-01-01 20.73248000
1973-02-01 29.47635900
1973-03-01 38.59189800
1973-04-01 42.99155000
1973-05-01 50.26738600
1973-06-01 57.72528700
1973-07-01 59.19103600
1973-08-01 69.70971900
1973-09-01 81.13773900
1973-10-01 107.06062000
1973-11-01 104.09031000
1973-12-01 114.09559000
1974-01-01 105.62648000
1974-02-01 88.68570700
1974-03-01 98.27109200
1974-04-01 86.29577100
1974-05-01 104.05254000
1974-06-01 82.38305600
1974-07-01 62.08029400
1974-08-01 58.71459700
1974-09-01 60.46279000
1974-10-01 61.61688100
1974-11-01 59.03141600
1974-12-01 21.86798400
1975-01-01 -0.69681121
1975-02-01 -9.64473690
1975-03-01 -26.44808700
1975-04-01 -41.20203500
1975-05-01 -43.86803800
1975-06-01 -36.72351900
1975-07-01 -41.70797000
1975-08-01 -45.42096300
1975-09-01 -34.21213300
1975-10-01 -33.80373700
1975-11-01 -23.90658900
1975-12-01 -35.52959200
1976-01-01 -45.83535800
1976-02-01 -50.09532400
1976-03-01 -32.36689600
1976-04-01 -28.77898800
1976-05-01 -19.18595500
1976-06-01 -16.05851600
1976-07-01 -21.36893400
1976-08-01 -23.85392800
1976-09-01 -24.58765800
1976-10-01 -20.67762800
1976-11-01 -19.24920800
1976-12-01 -35.65208400
1977-01-01 -49.03482500
1977-02-01 -44.94668300
1977-03-01 -45.28548600
1977-04-01 -43.40749500
1977-05-01 -35.66071800
1977-06-01 -40.43717100
1977-07-01 -44.23454500
1977-08-01 -46.94199300
1977-09-01 -47.10296700
1977-10-01 -32.87458700
1977-11-01 -33.35601400
1977-12-01 -37.92885500
1978-01-01 -38.40303300
1978-02-01 -38.71453700
1978-03-01 -39.18162600
1978-04-01 -39.80135200
1978-05-01 -22.70093500
1978-06-01 -17.13795800
1978-07-01 -25.74269200
1978-08-01 -26.18569800
1978-09-01 -13.92091100
1978-10-01 -17.95938300
1978-11-01 -3.93787130
1978-12-01 -6.94130240
1979-01-01 -16.22079400
1979-02-01 -10.77038400
1979-03-01 7.12873230
1979-04-01 9.10640390
1979-05-01 28.90939200
1979-06-01 46.19315400
1979-07-01 54.21825500
1979-08-01 37.12181300
1979-09-01 43.68903800
1979-10-01 43.61521300
1979-11-01 49.12501300
1979-12-01 35.31262700
1980-01-01 34.68995100
1980-02-01 40.04468000
1980-03-01 42.02149200
1980-04-01 60.35268700
1980-05-01 63.50915500
1980-06-01 56.74839800
1980-07-01 44.63502100
1980-08-01 53.38819200
1980-09-01 54.63727200
1980-10-01 54.52204200
1980-11-01 64.34767700
1980-12-01 67.98552000
1981-01-01 63.67678100
1981-02-01 61.48770500
1981-03-01 49.96498800
1981-04-01 45.61405300
1981-05-01 35.54463700
1981-06-01 40.79975300
1981-07-01 32.45021900
1981-08-01 14.85638700
1981-09-01 12.78186100
1981-10-01 15.31442400
1981-11-01 14.34630200
1981-12-01 7.40140060
1982-01-01 2.82490910
1982-02-01 -6.51688650
1982-03-01 2.70811940
1982-04-01 10.65379700
1982-05-01 7.50642340
1982-06-01 -16.83666200
1982-07-01 -41.13646700
1982-08-01 -43.48186600
1982-09-01 -27.67778000
1982-10-01 -27.11157500
1982-11-01 -24.51817000
1982-12-01 -19.76701200
1983-01-01 -17.73769800
1983-02-01 -12.86320900
1983-03-01 -9.97402010
1983-04-01 -7.28590170
1983-05-01 -7.49236970
1983-06-01 -22.43002600
1983-07-01 -33.68571700
1983-08-01 -34.73020100
1983-09-01 -31.71353800
1983-10-01 -28.74570500
1983-11-01 -21.36917800
1983-12-01 -31.69255300
1984-01-01 -29.82749300
1984-02-01 -23.19779800
1984-03-01 -18.95005000
1984-04-01 -14.97937300
1984-05-01 -15.61500700
1984-06-01 -24.46889000
1984-07-01 -29.35892400
1984-08-01 -28.51105400
1984-09-01 -25.36823600
1984-10-01 -24.09736300
1984-11-01 -16.55302000
1984-12-01 -19.71192100
1985-01-01 -23.26819900
1985-02-01 -27.59886000
1985-03-01 -25.86971000
1985-04-01 -20.88748000
1985-05-01 -24.91088400
1985-06-01 -34.41619200
1985-07-01 -50.16178400
1985-08-01 -57.62183800
1985-09-01 -50.07289000
1985-10-01 -37.00322700
1985-11-01 -36.18357600
1985-12-01 -36.03342900
1986-01-01 -37.78782300
1986-02-01 -51.74132000
1986-03-01 -55.38417300
1986-04-01 -61.54810100
1986-05-01 -66.38550200
1986-06-01 -69.34689000
1986-07-01 -80.97300500
1986-08-01 -78.30988000
1986-09-01 -54.27053900
1986-10-01 -48.82337100
1986-11-01 -51.14371000
1986-12-01 -60.13493800
1987-01-01 -46.53912500
1987-02-01 -41.81171600
1987-03-01 -35.10374700
1987-04-01 -25.20782200
1987-05-01 -19.46046100
1987-06-01 -30.74922000
1987-07-01 -33.69415700
1987-08-01 -18.81174800
1987-09-01 -22.36007200
1987-10-01 -17.35940400
1987-11-01 -12.34825900
1987-12-01 -5.15943630
1988-01-01 2.85536690
1988-02-01 14.10298200
1988-03-01 19.19612500
1988-04-01 11.65395300
1988-05-01 5.20400660
1988-06-01 -5.10823480
1988-07-01 -11.46717700
1988-08-01 -9.40057740
1988-09-01 -4.85311900
1988-10-01 -1.94429790
1988-11-01 7.83186000
1988-12-01 11.30249800
1989-01-01 17.76885800
1989-02-01 12.20534200
1989-03-01 17.52587600
1989-04-01 16.95790100
1989-05-01 21.51358000
1989-06-01 3.10090250
1989-07-01 1.02247290
1989-08-01 2.40303170
1989-09-01 3.87860060
1989-10-01 10.58523400
1989-11-01 18.12646200
1989-12-01 14.53915700
1990-01-01 16.46887300
1990-02-01 13.03315500
1990-03-01 12.48006800
1990-04-01 2.64258470
1990-05-01 -6.26234630
1990-06-01 -15.09200900
1990-07-01 -25.07479200
1990-08-01 -16.06057000
1990-09-01 -18.65884900
1990-10-01 -14.64431500
1990-11-01 -9.68246310
1990-12-01 -0.40759565
1991-01-01 0.21794838
1991-02-01 9.97224470
1991-03-01 17.91072400
1991-04-01 10.45682400
1991-05-01 14.29048000
1991-06-01 16.47296800
1991-07-01 7.99818890
1991-08-01 2.83536930
1991-09-01 5.94233370
1991-10-01 10.28315500
1991-11-01 10.87949300
1991-12-01 5.43775350
1992-01-01 2.56170980
1992-02-01 -10.79445900
1992-03-01 -18.12329800
1992-04-01 -21.94062600
1992-05-01 -14.27471500
1992-06-01 -22.28066700
1992-07-01 -31.70898900
1992-08-01 -31.66269500
1992-09-01 -33.03048600
1992-10-01 -32.43792200
1992-11-01 -19.67276900
1992-12-01 -7.86928800
1993-01-01 -12.49270500
1993-02-01 -10.33049300
1993-03-01 -2.21327990
1993-04-01 1.81681270
1993-05-01 7.89639130
1993-06-01 4.55743920
1993-07-01 -6.92690980
1993-08-01 -6.24489060
1993-09-01 -4.07721060
1993-10-01 -7.62448170
1993-11-01 -13.20458400
1993-12-01 -18.38146800
1994-01-01 -18.86658200
1994-02-01 -24.94446300
1994-03-01 -25.57222000
1994-04-01 -13.34822300
1994-05-01 -0.44845674
1994-06-01 -9.77984950
1994-07-01 -5.80094380
1994-08-01 -0.55684235
1994-09-01 3.11933500
1994-10-01 19.45708200
1994-11-01 22.29851800
1994-12-01 29.06326200
1995-01-01 30.15997400
1995-02-01 28.71270800
1995-03-01 38.53021100
1995-04-01 41.08418900
1995-05-01 40.65320100
1995-06-01 29.18768200
1995-07-01 27.41144400
1995-08-01 33.24606300
1995-09-01 29.42609200
1995-10-01 13.51711800
1995-11-01 9.87279360
1995-12-01 7.95491480
1996-01-01 2.93264940
1996-02-01 -4.67515490
1996-03-01 -8.45009130
1996-04-01 -3.66657220
1996-05-01 -6.48038500
1996-06-01 -17.16009900
1996-07-01 -30.09045000
1996-08-01 -32.95594800
1996-09-01 -38.40192700
1996-10-01 -29.10994100
1996-11-01 -4.63994290
1996-12-01 -2.20270160
1997-01-01 -3.85462430
1997-02-01 -5.53318150
1997-03-01 -3.09147160
1997-04-01 -9.37410020
1997-05-01 -16.80877400
1997-06-01 -17.30061100
1997-07-01 -12.13022300
1997-08-01 -15.70660700
1997-09-01 -15.55765900
1997-10-01 -13.51741100
1997-11-01 -20.27218500
1997-12-01 -20.32999700
1998-01-01 -26.89822600
1998-02-01 -42.74034300
1998-03-01 -35.70907800
1998-04-01 -42.63364900
1998-05-01 -43.01947400
1998-06-01 -51.92823500
1998-07-01 -58.57320700
1998-08-01 -63.53395100
1998-09-01 -54.68646000
1998-10-01 -42.68133800
1998-11-01 -45.21094700
1998-12-01 -57.41096000
1999-01-01 -62.99789800
1999-02-01 -58.80468400
1999-03-01 -44.14257000
1999-04-01 -49.19064600
1999-05-01 -35.07125000
1999-06-01 -42.12103000
1999-07-01 -43.59677400
1999-08-01 -36.84641500
1999-09-01 -27.96820100
1999-10-01 -12.41645700
1999-11-01 -12.80305100
1999-12-01 -12.20207700
2000-01-01 -10.26857500
2000-02-01 -8.92343660
2000-03-01 5.75252120
2000-04-01 8.83678760
2000-05-01 4.84994900
2000-06-01 3.61856440
2000-07-01 5.30304240
2000-08-01 6.75841480
2000-09-01 10.76205500
2000-10-01 12.03207800
2000-11-01 11.33109000
2000-12-01 4.48020300
2001-01-01 1.36609640
2001-02-01 -4.41145200
2001-03-01 -2.75929280
2001-04-01 -7.04859390
2001-05-01 -6.76819000
2001-06-01 -11.85532500
2001-07-01 -24.69746200
2001-08-01 -45.36570300
2001-09-01 -49.23045500
2001-10-01 -53.88498100
2001-11-01 -58.56969400
2001-12-01 -56.60834200
2002-01-01 -49.83487700
2002-02-01 -46.77033400
2002-03-01 -36.50533500
2002-04-01 -35.66622900
2002-05-01 -39.78310800
2002-06-01 -43.42095200
2002-07-01 -44.18360100
2002-08-01 -42.88811100
2002-09-01 -26.36736200
2002-10-01 -12.02788200
2002-11-01 -5.29928270
2002-12-01 7.90029960
2003-01-01 9.29375050
2003-02-01 7.72576140
2003-03-01 17.72528700
2003-04-01 29.21850000
2003-05-01 37.32862100
2003-06-01 33.03365600
2003-07-01 35.46027100
2003-08-01 39.39046800
2003-09-01 46.68927200
2003-10-01 99.44878900
2003-11-01 101.62885000
2003-12-01 109.63396000
2004-01-01 121.99036000
2004-02-01 126.08126000
2004-03-01 120.00156000
2004-04-01 106.64011000
2004-05-01 84.19916500
2004-06-01 62.55153900
2004-07-01 88.99100400
2004-08-01 98.95210300
2004-09-01 98.12741500
2004-10-01 106.94469000
2004-11-01 122.30961000
2004-12-01 126.35475000
2005-01-01 106.20526000
2005-02-01 106.61858000
2005-03-01 109.59197000
2005-04-01 106.27682000
2005-05-01 85.31533900
2005-06-01 56.61585600
2005-07-01 34.79107500
2005-08-01 33.75578000
2005-09-01 56.49543200
2005-10-01 68.49461100
2005-11-01 61.09639900
2005-12-01 49.79208700
2006-01-01 35.42777700
2006-02-01 43.28210500
2006-03-01 49.44666200
2006-04-01 43.81949000
2006-05-01 42.74936300
2006-06-01 53.37500400
2006-07-01 64.52174200
2006-08-01 83.21213200
2006-09-01 92.98824300
2006-10-01 93.32612600
2006-11-01 97.38550900
2006-12-01 100.43341000
2007-01-01 103.29793000
2007-02-01 101.63194000
2007-03-01 116.53814000
2007-04-01 128.01985000
2007-05-01 138.44474000
2007-06-01 128.01998000
2007-07-01 140.98786000
2007-08-01 150.17967000
2007-09-01 167.45744000
2007-10-01 186.86266000
2007-11-01 187.37120000
2007-12-01 180.48918000
2008-01-01 148.51364000
2008-02-01 144.22203000
2008-03-01 159.98464000
2008-04-01 162.65952000
2008-05-01 189.12773000
2008-06-01 182.56897000
2008-07-01 168.35302000
2008-08-01 149.84753000
2008-09-01 110.18188000
2008-10-01 9.99085850
2008-11-01 -67.24615400
2008-12-01 -75.99237300
2009-01-01 -56.35541600
2009-02-01 13.09246600
2009-03-01 20.88579300
2009-04-01 4.38010690
2009-05-01 46.99379700
2009-06-01 87.22022300
2009-07-01 74.56590600
2009-08-01 51.91191400
2009-09-01 38.60083900
2009-10-01 53.99737400
2009-11-01 89.95781800
2009-12-01 80.24075400
2010-01-01 68.33920800
2010-02-01 51.79723200
2010-03-01 69.95649200
2010-04-01 64.85011000
2010-05-01 88.27867800
2010-06-01 66.74361400
2010-07-01 18.68064800
2010-08-01 42.86151500
2010-09-01 54.02096500
2010-10-01 52.87837400
2010-11-01 37.92536600
2010-12-01 24.34335300
2011-01-01 -12.94880400
2011-02-01 -30.18638400
2011-03-01 -7.09398320
2011-04-01 -17.98463100
2011-05-01 -17.43898500
2011-06-01 -11.46817600
2011-07-01 -16.40354600
2011-08-01 -14.99549300
2011-09-01 13.24154000
2011-10-01 25.21562500
2011-11-01 13.04412400
2011-12-01 14.99501700
2012-01-01 -43.77940000
2012-02-01 -82.98366500
2012-03-01 -62.93685300
2012-04-01 -45.70119400
2012-05-01 -37.71353300
2012-06-01 -53.57396500
2012-07-01 -41.48289100
2012-08-01 -74.72427900
2012-09-01 -82.36374900
2012-10-01 -52.67521600
2012-11-01 -45.03417400
2012-12-01 -62.87502200
2013-01-01 -73.38184200
2013-02-01 -77.14159400
2013-03-01 -60.47786800
2013-04-01 -60.34301400
2013-05-01 -62.84066600
2013-06-01 -52.95740300
2013-07-01 -35.24078800
2013-08-01 -38.48252200
2013-09-01 5.11330040
2013-10-01 16.61092300
2013-11-01 -2.30809730
2013-12-01 31.04176700
2014-01-01 -8.18794630
2014-02-01 -33.73246200
2014-03-01 -7.37656160
2014-04-01 -42.44554700
2014-05-01 -47.76369400
2014-06-01 -56.12975200
2014-07-01 -69.68812600
2014-08-01 -53.13258300
2014-09-01 -34.90131100
2014-10-01 -36.67383500
2014-11-01 -17.25808700
2014-12-01 -54.93655500
2015-01-01 -76.78994200
2015-02-01 -106.47496000
2015-03-01 -100.02103000
2015-04-01 -97.32146800
2015-05-01 -96.53397000
2015-06-01 -80.86469000
2015-07-01 -47.54953400
2015-08-01 -38.53806700
2015-09-01 -56.29794300
2015-10-01 -67.62262200
2015-11-01 -98.47056400
2015-12-01 -109.66258000
2016-01-01 -139.01197000
2016-02-01 -161.72077000
2016-03-01 -139.63118000
2016-04-01 -93.80688800
2016-05-01 -91.85267500
2016-06-01 -93.92482200
2016-07-01 -78.54000600
2016-08-01 -83.56157600
2016-09-01 -62.94489000
2016-10-01 -58.21290600
2016-11-01 -37.12775200
2016-12-01 -39.31551800
2017-01-01 -54.13290800
2017-02-01 -71.89676900
2017-03-01 -30.94333800
2017-04-01 -24.09040300
2017-05-01 -46.60483500
2017-06-01 -58.83758000
2017-07-01 -53.51499100
2017-08-01 -30.60874100
2017-09-01 -13.20322600
2017-10-01 -4.63268730
2017-11-01 -6.80027770
2017-12-01 3.89418400
2018-01-01 -22.85368900
2018-02-01 -32.88628900
2018-03-01 -30.15902400
2018-04-01 -32.44349000
2018-05-01 -18.93992500
2018-06-01 -14.40218600
2018-07-01 5.60461730
2018-08-01 9.16367730
2018-09-01 -7.57660650
2018-10-01 -1.09132070
2018-11-01 -26.79418700
2018-12-01 -15.36695600
2019-01-01 -37.90322000
2019-02-01 -90.50898400
2019-03-01 -82.92447100
2019-04-01 -70.31528500
2019-05-01 -40.88980300
2019-06-01 -28.18650500
2019-07-01 18.30096900
2019-08-01 24.19215800
2019-09-01 37.10857000
2019-10-01 15.88984600
2019-11-01 -9.44301480
2019-12-01 -12.28244200
2020-01-01 -80.02880300
2020-02-01 -121.90520000
2020-03-01 -94.79602500
2020-04-01 -83.87434900
2020-05-01 -114.19189000
2020-06-01 -29.30983900
2020-07-01 5.72529620
2020-08-01 -1.91327820
2020-09-01 -9.15041140
2020-10-01 5.39030670
2020-11-01 -27.05967400
2020-12-01 -22.03665000
2021-01-01 6.66157420
2021-02-01 -3.59216210
2021-03-01 25.73566000
2021-04-01 45.62190700
2021-05-01 63.21612100
2021-06-01 61.44211400
2021-07-01 69.48865500
2021-08-01 84.79561000
2021-09-01 98.76940900
2021-10-01 109.70494000
2021-11-01 53.98656000
2021-12-01 55.28760200
2022-01-01 7.38149860
2022-02-01 10.90687100
2022-03-01 39.49175900
2022-04-01 28.80944300
2022-05-01 56.27285100
2022-06-01 34.34265400
2022-07-01 20.51988700
2022-08-01 -17.98464900
2022-09-01 -13.02619600
2022-10-01 6.50471390
2022-11-01 -26.98662000
2022-12-01 -15.67213100
2023-01-01 -62.92574600
2023-02-01 -95.45708100
2023-03-01 -19.15516200
2023-04-01 -14.57004300
2023-05-01 -18.93465700
2023-06-01 -45.88140100
2023-07-01 -49.88000200
2023-08-01 -40.17052200
2023-09-01 -21.19386200
2023-10-01 8.23377960
2023-11-01 6.23881580
2023-12-01 38.82322300
2024-01-01 -6.39629910
2024-02-01 19.98735600
2024-03-01 25.39424400
2024-04-01 -0.21702291
2024-05-01 8.99501080
2024-06-01 10.63178800
2024-07-01 10.79877000
2024-08-01 -0.71544809
2024-09-01 12.82029500
2024-10-01 -3.70430020

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