NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. 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 2024-01-01 Last Updated: 2024-04-29 7:31 AM CDT 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 (https://fred.stlouisfed.org/series/BBKMTRD)), using the triangle average described in Brave, Butters, and Kelley (2019) (https://www.chicagofed.org/publications/economic-perspectives/2019/1) 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 (https://www.chicagofed.org/publications/chicago-fed-letter/2019/422), 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 (https://www.chicagofed.org/publications/economic-perspectives/2019/1), 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 3.0547306603148576 1960-04-01 3.0546859087237355 1960-07-01 3.0546072048612745 1960-10-01 3.0545563229040886 1961-01-01 3.0545828537221444 1961-04-01 3.0545287956170090 1961-07-01 3.0543446831392136 1961-10-01 3.0540756388582175 1962-01-01 3.0537070473310940 1962-04-01 3.0532409279004540 1962-07-01 3.0527225401986540 1962-10-01 3.0521788288443740 1963-01-01 3.0517013984393340 1963-04-01 3.0512948492305694 1963-07-01 3.0508446916403440 1963-10-01 3.0502313400396540 1964-01-01 3.0495343793472400 1964-04-01 3.0487318910024250 1964-07-01 3.0478766177119447 1964-10-01 3.0470623159969130 1965-01-01 3.0463420341289216 1965-04-01 3.0455842901583794 1965-07-01 3.0447293206467780 1965-10-01 3.0436513193695856 1966-01-01 3.0422822168119100 1966-04-01 3.0407807029567230 1966-07-01 3.0393947584448706 1966-10-01 3.0380909174619670 1967-01-01 3.0367171429691930 1967-04-01 3.0352634028027596 1967-07-01 3.0338545896527265 1967-10-01 3.0325384816835714 1968-01-01 3.0312642383021133 1968-04-01 3.0298160616925990 1968-07-01 3.0281907462781330 1968-10-01 3.0266285347945563 1969-01-01 3.0251993555080974 1969-04-01 3.0237904484385205 1969-07-01 3.0224690824989797 1969-10-01 3.0213159198632553 1970-01-01 3.0203629483632786 1970-04-01 3.0194823554213260 1970-07-01 3.0185395406258530 1970-10-01 3.0175709027595250 1971-01-01 3.0166134738736030 1971-04-01 3.0154735774692334 1971-07-01 3.0142925770207740 1971-10-01 3.0132677720796246 1972-01-01 3.0124675996071400 1972-04-01 3.0116630358145033 1972-07-01 3.0106885970435626 1972-10-01 3.0097256086995183 1973-01-01 3.0087932711076375 1973-04-01 3.0077301096772016 1973-07-01 3.0066826637940760 1973-10-01 3.0058841623446706 1974-01-01 3.0053197918273630 1974-04-01 3.0050253669644850 1974-07-01 3.0049875197356886 1974-10-01 3.0051259199041710 1975-01-01 3.0051537942297477 1975-04-01 3.0049177319522737 1975-07-01 3.0044324731960987 1975-10-01 3.0037903306156770 1976-01-01 3.0030372353398245 1976-04-01 3.0021907539235655 1976-07-01 3.0014256469152520 1976-10-01 3.0008478041820377 1977-01-01 3.0004359854751006 1977-04-01 3.0000931320286583 1977-07-01 2.9996445251503454 1977-10-01 2.9991270834656363 1978-01-01 2.9988184796869852 1978-04-01 2.9985480347159355 1978-07-01 2.9979473757713824 1978-10-01 2.9971690936031177 1979-01-01 2.9964162220945830 1979-04-01 2.9958072842398320 1979-07-01 2.9953294634917540 1979-10-01 2.9948534210221442 1980-01-01 2.9943431820889230 1980-04-01 2.9938334192345146 1980-07-01 2.9934371184872800 1980-10-01 2.9931234473541540 1981-01-01 2.9926599041511700 1981-04-01 2.9920121844241920 1981-07-01 2.9914021662999660 1981-10-01 2.9907504409889070 1982-01-01 2.9902121374055737 1982-04-01 2.9899212238118382 1982-07-01 2.9896737037162310 1982-10-01 2.9894354364318203 1983-01-01 2.9892017735226160 1983-04-01 2.9888769324745255 1983-07-01 2.9884150397687157 1983-10-01 2.9878701297458470 1984-01-01 2.9872567811747426 1984-04-01 2.9865473314295650 1984-07-01 2.9857288422652150 1984-10-01 2.9848513352054895 1985-01-01 2.9839451729753180 1985-04-01 2.9829816513138203 1985-07-01 2.9818836771305150 1985-10-01 2.9805965688419710 1986-01-01 2.9792252582176335 1986-04-01 2.9778349641497140 1986-07-01 2.9764304349858590 1986-10-01 2.9750173843884130 1987-01-01 2.9736560465308775 1987-04-01 2.9723523889625870 1987-07-01 2.9710915007261147 1987-10-01 2.9698465024658542 1988-01-01 2.9685591032210680 1988-04-01 2.9672884836295874 1988-07-01 2.9660294009973707 1988-10-01 2.9647705118808165 1989-01-01 2.9634514237231815 1989-04-01 2.9620264120127504 1989-07-01 2.9604793927826347 1989-10-01 2.9588585077511320 1990-01-01 2.9572441066826410 1990-04-01 2.9556017342062230 1990-07-01 2.9539547674811124 1990-10-01 2.9523945703767420 1991-01-01 2.9509547821204760 1991-04-01 2.9495293251008570 1991-07-01 2.9480693748000610 1991-10-01 2.9466513423339062 1992-01-01 2.9452185593730070 1992-04-01 2.9436576689775710 1992-07-01 2.9420030407794000 1992-10-01 2.9402777359301160 1993-01-01 2.9385558645412266 1993-04-01 2.9369703594101630 1993-07-01 2.9355046210417886 1993-10-01 2.9340912105967734 1994-01-01 2.9326666206092145 1994-04-01 2.9312324614814790 1994-07-01 2.9298360630274436 1994-10-01 2.9285497878688660 1995-01-01 2.9273826846405018 1995-04-01 2.9263510347405113 1995-07-01 2.9254101451367660 1995-10-01 2.9245010508515707 1996-01-01 2.9236142960690152 1996-04-01 2.9226749183510970 1996-07-01 2.9216210000034580 1996-10-01 2.9205220608671048 1997-01-01 2.9194558497036360 1997-04-01 2.9184268316125890 1997-07-01 2.9173338954994100 1997-10-01 2.9162323460997808 1998-01-01 2.9152056453186770 1998-04-01 2.9142043243164557 1998-07-01 2.9131405671255380 1998-10-01 2.9119076163065920 1999-01-01 2.9104875359512117 1999-04-01 2.9090013564208133 1999-07-01 2.9074955576421617 1999-10-01 2.9058852052718134 2000-01-01 2.9042101634398880 2000-04-01 2.9025508923542710 2000-07-01 2.9008224382203376 2000-10-01 2.8991078684031440 2001-01-01 2.8974393334918110 2001-04-01 2.8957437435269844 2001-07-01 2.8939158909644660 2001-10-01 2.8919985742868604 2002-01-01 2.8899639530059450 2002-04-01 2.8878188638839672 2002-07-01 2.8856796391472740 2002-10-01 2.8835988522669280 2003-01-01 2.8815706107622887 2003-04-01 2.8795073693832394 2003-07-01 2.8772737126621440 2003-10-01 2.8748416087974555 2004-01-01 2.8723850464600793 2004-04-01 2.8700717616256646 2004-07-01 2.8678973135097430 2004-10-01 2.8657964206207986 2005-01-01 2.8637406074037925 2005-04-01 2.8617447926255330 2005-07-01 2.8598484867140000 2005-10-01 2.8580565273376126 2006-01-01 2.8563660587492037 2006-04-01 2.8547340149085176 2006-07-01 2.8532347306410815 2006-10-01 2.8518598746015650 2007-01-01 2.8505282064887350 2007-04-01 2.8492850552686892 2007-07-01 2.8481008457928354 2007-10-01 2.8468943661047890 2008-01-01 2.8456864587007170 2008-04-01 2.8444879775941714 2008-07-01 2.8431703563935610 2008-10-01 2.8418108426271790 2009-01-01 2.8404497476931750 2009-04-01 2.8388529788832370 2009-07-01 2.8369972879445244 2009-10-01 2.8350254911381750 2010-01-01 2.8329762767590260 2010-04-01 2.8309322589720010 2010-07-01 2.8289096990706560 2010-10-01 2.8268893476588346 2011-01-01 2.8250052011635660 2011-04-01 2.8233762176374726 2011-07-01 2.8219168338615446 2011-10-01 2.8205486432548870 2012-01-01 2.8191533805794340 2012-04-01 2.8177590527048197 2012-07-01 2.8164475231850714 2012-10-01 2.8152509173648800 2013-01-01 2.8141405696805660 2013-04-01 2.8130461370174490 2013-07-01 2.8119824100827056 2013-10-01 2.8109095451271210 2014-01-01 2.8098977451921883 2014-04-01 2.8090592152055770 2014-07-01 2.8082320612640186 2014-10-01 2.8073583425988440 2015-01-01 2.8065083706761595 2015-04-01 2.8056267403850326 2015-07-01 2.8047283689890716 2015-10-01 2.8038876733334677 2016-01-01 2.8030814644709676 2016-04-01 2.8022552859380583 2016-07-01 2.8014170212641500 2016-10-01 2.8005577925656455 2017-01-01 2.7997282940381910 2017-04-01 2.7990156153610686 2017-07-01 2.7984119738572595 2017-10-01 2.7978439247363930 2018-01-01 2.7973026916807866 2018-04-01 2.7968590121592376 2018-07-01 2.7965752804205866 2018-10-01 2.7964632612640425 2019-01-01 2.7965039366662480 2019-04-01 2.7965717939937530 2019-07-01 2.7965227865759680 2019-10-01 2.7962680801657160 2020-01-01 2.7959561852355557 2020-04-01 2.7962454877848755 2020-07-01 2.7971486369894514 2020-10-01 2.7975227427535554 2021-01-01 2.7975411860282504 2021-04-01 2.7976116336605688 2021-07-01 2.7977376838881693 2021-10-01 2.7979207474532664 2022-01-01 2.7982072639592720 2022-04-01 2.7988464821961490 2022-07-01 2.7997646005659838 2022-10-01 2.8006429771952470 2023-01-01 2.8013552168356420 2023-04-01 2.8019359082868120 2023-07-01 2.8023754965752183 2023-10-01 2.8026043531438990 2024-01-01 2.8026662137301080