Federal Reserve Economic Data

Brave-Butters-Kelley Trend Component of GDP (BBKMTRD)

Observation:

Sep 2024: 2.79697 (+ more)   Updated: Nov 4, 2024 7:31 AM CST
Sep 2024:  2.79697  
Aug 2024:  2.79694  
Jul 2024:  2.79684  
Jun 2024:  2.79663  
May 2024:  2.79632  
View All

Units:

Annualized Percent Change from Preceding Period,
Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Indiana University: Indiana Business Research Center  

Release: Brave-Butters-Kelley Indexes  

Units:  Annualized Percent Change from Preceding Period, Seasonally Adjusted

Frequency:  Monthly

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.

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

Suggested Citation:

Indiana University. Indiana Business Research Center, Brave-Butters-Kelley Trend Component of GDP [BBKMTRD], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BBKMTRD, .

RELEASE TABLES

Brave-Butters-Kelley Indexes

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