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

Title Brave-Butters-Kelley Irregular Component of GDP
Series ID BBKMIR
Source Indiana University: Indiana Business Research Center
Release Brave-Butters-Kelley Indexes
Seasonal Adjustment Seasonally Adjusted
Frequency Monthly
Units Annualized Percent Change from Preceding Period
Date Range 1960-01-01 to 2026-03-01
Last Updated 2026-06-29 7:32 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 irregular 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
DATE VALUE
1960-01-01 6.7489538713292090000
1960-02-01 3.4836331139791037000
1960-03-01 -2.5772985201679020000
1960-04-01 -5.7341646058099200000
1960-05-01 -3.1154693966562310000
1960-06-01 2.3318524326023260000
1960-07-01 5.0049221933071270000
1960-08-01 1.9567853384523930000
1960-09-01 -3.9949843611855140000
1960-10-01 -7.2189702584756095000
1960-11-01 -4.5901420254041060000
1960-12-01 1.1603145574829172000
1961-01-01 5.0532963046628410000
1961-02-01 4.5677927776972260000
1961-03-01 1.6035602484955498000
1961-04-01 -0.6196777079883817000
1961-05-01 -0.6672848756964277000
1961-06-01 0.6002957201397708000
1961-07-01 1.4915302970164777000
1961-08-01 1.1939005324780119000
1961-09-01 0.2175133279298997500
1961-10-01 -0.1916134537464732300
1961-11-01 0.6620610111038688000
1961-12-01 2.1015463609192486000
1962-01-01 2.5471053679206320000
1962-02-01 1.0890915100649177000
1962-03-01 -1.2035777333893913000
1962-04-01 -2.1713781954343054000
1962-05-01 -0.6588571373797623000
1962-06-01 1.9498798401308164000
1962-07-01 2.9975958255999490000
1962-08-01 1.1081762751816873000
1962-09-01 -2.1009367704746100000
1962-10-01 -3.6911250336805037000
1962-11-01 -2.2308161868120644000
1962-12-01 0.5821261327744462000
1963-01-01 1.7644422975478710000
1963-02-01 -0.0520491815432045160
1963-03-01 -3.1157265996982980000
1963-04-01 -3.8281903457010740000
1963-05-01 -0.2254735621559675300
1963-06-01 5.2580454479040530000
1963-07-01 7.6108935278689900000
1963-08-01 4.0079403713664705000
1963-09-01 -2.4000488528590638000
1963-10-01 -5.7283696924776440000
1963-11-01 -2.9185996448978675000
1963-12-01 2.9193661915678533000
1964-01-01 6.1432314062761100000
1964-02-01 3.9352448464155040000
1964-03-01 -1.0174686100098000000
1964-04-01 -3.8338441499511546000
1964-05-01 -2.1205823090829368000
1964-06-01 1.8683040993495397000
1964-07-01 3.6891279263582706000
1964-08-01 0.9941526500060197000
1964-09-01 -3.9426014502487257000
1964-10-01 -6.3445976818647170000
1964-11-01 -3.4971398138488543000
1964-12-01 2.0208365349849080000
1965-01-01 5.2445251728019220000
1965-02-01 3.5333890923920310000
1965-03-01 -0.7792494734373890000
1965-04-01 -3.3351573185452440000
1965-05-01 -1.8976309575090733000
1965-06-01 1.7174839950633827000
1965-07-01 4.2332765592186350000
1965-08-01 4.0693289737588450000
1965-09-01 2.4248013113113000000
1965-10-01 1.4585126166203868000
1965-11-01 2.1470842281148730000
1965-12-01 3.6757621149683413000
1966-01-01 3.8493098683136324000
1966-02-01 1.2449434650451707000
1966-03-01 -2.7318613274754493000
1966-04-01 -5.0924060063469260000
1966-05-01 -4.1021593461195050000
1966-06-01 -1.3813858732584980000
1966-07-01 0.4974082261134234500
1966-08-01 0.4722769079420281500
1966-09-01 -0.5281918053027090000
1966-10-01 -0.7813330897349938000
1966-11-01 0.5190595388693984000
1966-12-01 2.5206651010619310000
1967-01-01 3.1731575960725120000
1967-02-01 1.2281123786797072000
1967-03-01 -1.9191148180392101000
1967-04-01 -3.5418598150386296000
1967-05-01 -2.1858917557730977000
1967-06-01 0.5886891496628491000
1967-07-01 1.8563090513328138000
1967-08-01 0.1151597474780744600
1967-09-01 -3.0850717524160167000
1967-10-01 -4.4970636157968230000
1967-11-01 -2.2495753462615196000
1967-12-01 1.8724731394724885000
1968-01-01 4.6647495650172965000
1968-02-01 4.5291250819055975000
1968-03-01 2.8217604362251500000
1968-04-01 1.4124509602670956000
1968-05-01 0.8444323430828680000
1968-06-01 0.6731549501004539000
1968-07-01 -0.1216879436925445600
1968-08-01 -2.0435498212042735000
1968-09-01 -4.3321998662996855000
1968-10-01 -4.7926573342289720000
1968-11-01 -1.9367521542420312000
1968-12-01 2.3808938401894797000
1969-01-01 4.4737657360480085000
1969-02-01 2.3020154744927703000
1969-03-01 -1.9144785840202110000
1969-04-01 -4.3255103245724340000
1969-05-01 -3.0934893957626595000
1969-06-01 -0.0724521355866282500
1969-07-01 1.3844538846261320000
1969-08-01 -0.3601511721305805700
1969-09-01 -3.6625113310814283000
1969-10-01 -5.3083315071600610000
1969-11-01 -3.6083023280740134000
1969-12-01 -0.2916287069856383000
1970-01-01 1.6569166707227080000
1970-02-01 0.8989327334698347000
1970-03-01 -1.0700938062940230000
1970-04-01 -1.5637247272398571000
1970-05-01 0.6318280370033260000
1970-06-01 3.8780993907661630000
1970-07-01 4.5371892128537300000
1970-08-01 0.5123507255040617000
1970-09-01 -5.5207263005935845000
1970-10-01 -7.7889908826284740000
1970-11-01 -2.8834149118325856000
1970-12-01 5.4561151604257120000
1971-01-01 10.0012503498103480000
1971-02-01 6.7977109269484130000
1971-03-01 -0.4169151824962498000
1971-04-01 -5.1311058401557580000
1971-05-01 -4.1742556813080400000
1971-06-01 -0.0789724267745294000
1971-07-01 2.4124171505427046000
1971-08-01 0.8511544918798816000
1971-09-01 -3.1025581326935970000
1971-10-01 -5.8106499029597250000
1971-11-01 -5.1053167244237120000
1971-12-01 -2.2297528580909485000
1972-01-01 0.7797385178148872000
1972-02-01 3.0390181187100180000
1972-03-01 4.4793619990049490000
1972-04-01 4.5544914246612490000
1972-05-01 2.6504996233883910000
1972-06-01 -0.0242857783407892870
1972-07-01 -1.8652753709236896000
1972-08-01 -2.2724263966723180000
1972-09-01 -2.0040120509813315000
1972-10-01 -1.4041598213182882000
1972-11-01 -0.0728351513489862600
1972-12-01 1.7473723571298663000
1973-01-01 3.2653999281072260000
1973-02-01 3.7741798621146225000
1973-03-01 3.4260755909855347000
1973-04-01 1.8080679246611766000
1973-05-01 -1.5786994140147688000
1973-06-01 -5.4199849704140550000
1973-07-01 -6.7974822069761400000
1973-08-01 -3.9393187347729890000
1973-09-01 0.7248112783289167000
1973-10-01 2.8559329442553900000
1973-11-01 0.2687507050887940600
1973-12-01 -4.5110057021550750000
1974-01-01 -6.9125103974074580000
1974-02-01 -4.6264203645046320000
1974-03-01 -0.0512856611801530500
1974-04-01 2.2936458633532157000
1974-05-01 0.0416361607357598960
1974-06-01 -4.5520378312255470000
1974-07-01 -6.9207286427112250000
1974-08-01 -4.4865717152906800000
1974-09-01 0.5428281725929791000
1974-10-01 4.1515090295697930000
1974-11-01 4.2920098296499390000
1974-12-01 2.3990646214252440000
1975-01-01 0.9450963843122298000
1975-02-01 1.0764551637299367000
1975-03-01 2.2879749287458098000
1975-04-01 3.2508894225447182000
1975-05-01 3.1059521271060904000
1975-06-01 2.1272507090144250000
1975-07-01 0.9681697519331487000
1975-08-01 0.0266067699816562900
1975-09-01 -0.5343638439752046000
1975-10-01 -0.2819969511028104000
1975-11-01 1.1101748763858987000
1975-12-01 2.8781126158105230000
1976-01-01 3.4760377305578585000
1976-02-01 1.9708149081776463000
1976-03-01 -0.5462565115276226000
1976-04-01 -2.3483719544315007000
1976-05-01 -2.6442283091653920000
1976-06-01 -2.1129416619106300000
1976-07-01 -1.6136742939422322000
1976-08-01 -1.3796261479588217000
1976-09-01 -1.3479282044100194000
1976-10-01 -1.3578328503961867000
1976-11-01 -1.3308282886740708000
1976-12-01 -1.2560982231040556000
1977-01-01 -1.0532405508397790000
1977-02-01 -0.6121154458777177000
1977-03-01 -0.0152202391461997380
1977-04-01 0.8597603626999930000
1977-05-01 2.2008862489142227000
1977-06-01 3.7244985738629300000
1977-07-01 3.9912815213791300000
1977-08-01 1.6970965553169957000
1977-09-01 -2.0420327856262426000
1977-10-01 -5.0685218486313720000
1977-11-01 -6.0718790124014600000
1977-12-01 -5.6038892409983410000
1978-01-01 -3.3630471374648163000
1978-02-01 1.4702773192367329000
1978-03-01 7.1741683559170700000
1978-04-01 9.8166890450083600000
1978-05-01 6.8466414947569670000
1978-06-01 1.1444730244630927000
1978-07-01 -2.6545064064249524000
1978-08-01 -2.4011335559360420000
1978-09-01 0.0769345831906834000
1978-10-01 1.7757129788777644000
1978-11-01 1.3036020512709368000
1978-12-01 -0.5648336354262479000
1979-01-01 -2.3241334705254486000
1979-02-01 -3.1519684661735314000
1979-03-01 -3.1570959031344160000
1979-04-01 -2.3446485075462150000
1979-05-01 -0.5905414839187898000
1979-06-01 1.3323519239712855000
1979-07-01 2.1091857743120370000
1979-08-01 1.0817346679925948000
1979-09-01 -0.6413909334700617000
1979-10-01 -1.3683385958346600000
1979-11-01 -0.4057215454633028000
1979-12-01 1.2343469313608546000
1980-01-01 1.7358672172721850000
1980-02-01 0.2083353140905383800
1980-03-01 -2.1812538562333730000
1980-04-01 -3.3886227102520610000
1980-05-01 -2.4540467732492153000
1980-06-01 -0.6134167688679932000
1980-07-01 0.2564486263642203300
1980-08-01 -0.5104085363879493000
1980-09-01 -1.8133665650551685000
1980-10-01 -1.2906741721251922000
1980-11-01 2.3542350175755566000
1980-12-01 7.2030297520434660000
1981-01-01 8.5980380351396410000
1981-02-01 3.5338896656096477000
1981-03-01 -4.6081304209978440000
1981-04-01 -9.0343145144393870000
1981-05-01 -5.8261028389975590000
1981-06-01 1.4508433074475424000
1981-07-01 6.4084092607333510000
1981-08-01 5.7280534222745970000
1981-09-01 1.6268968115416300000
1981-10-01 -2.5081602889605668000
1981-11-01 -5.2762359954536740000
1981-12-01 -6.6799831657281130000
1982-01-01 -6.0970155802003590000
1982-02-01 -2.7701706882998860000
1982-03-01 1.4807385761909504000
1982-04-01 3.6349902633925650000
1982-05-01 2.1708352294597650000
1982-06-01 -0.9516608173663268000
1982-07-01 -2.8018788098223900000
1982-08-01 -2.1558950932266745000
1982-09-01 -0.2517329265746837000
1982-10-01 1.0244717134879207000
1982-11-01 0.9136318101020928000
1982-12-01 0.0792044793804590500
1983-01-01 -0.2097499594528773300
1983-02-01 0.6923445410974082000
1983-03-01 2.2006169556090860000
1983-04-01 2.9546437275488310000
1983-05-01 2.1189352076986500000
1983-06-01 0.4521553852214721400
1983-07-01 -0.6165292426745637000
1983-08-01 -0.3377247772679362600
1983-09-01 0.6828566393339407000
1983-10-01 1.3643540624502300000
1983-11-01 1.1814782083679860000
1983-12-01 0.4951286741437110000
1984-01-01 0.1048022082091037100
1984-02-01 0.4821121359878038400
1984-03-01 1.3223879851039686000
1984-04-01 1.8547979995539736000
1984-05-01 1.5629464881240400000
1984-06-01 0.7361412887040880000
1984-07-01 -0.0699405118017925200
1984-08-01 -0.5389900203403059000
1984-09-01 -0.6738429594822773000
1984-10-01 -0.4229395466454599600
1984-11-01 0.2603492262215261000
1984-12-01 0.9850664418790120000
1985-01-01 1.1122594885837580000
1985-02-01 0.3660931261219617000
1985-03-01 -0.6398653160923656000
1985-04-01 -0.6519717978031592000
1985-05-01 1.0378038682493231000
1985-06-01 3.4384297555985364000
1985-07-01 4.4707730381157280000
1985-08-01 2.9033763822192196000
1985-09-01 0.0638301963195788400
1985-10-01 -1.7424595736836987000
1985-11-01 -1.3759956889233770000
1985-12-01 0.1433350359709161200
1986-01-01 1.1153071037549702000
1986-02-01 0.7642725122917349000
1986-03-01 -0.3378288678321134700
1986-04-01 -0.9963413994714608000
1986-05-01 -0.5355843499752450000
1986-06-01 0.5876642009239232000
1986-07-01 1.2766161980616846000
1986-08-01 0.8238348490809129000
1986-09-01 -0.3550289825704056600
1986-10-01 -1.3754148664810800000
1986-11-01 -1.6927186855846570000
1986-12-01 -1.4341643529995860000
1987-01-01 -0.7915116799782399000
1987-02-01 0.1355824893880282500
1987-03-01 0.9435143017344396000
1987-04-01 0.8629167194818306000
1987-05-01 -0.5027072972146636000
1987-06-01 -2.2528029779649980000
1987-07-01 -2.6040976606045260000
1987-08-01 -0.5702799654610102000
1987-09-01 2.4578613883806257000
1987-10-01 3.7736750199713990000
1987-11-01 1.8844600393839717000
1987-12-01 -1.5251997574907780000
1988-01-01 -3.3844845065730533000
1988-02-01 -2.1055190420386203000
1988-03-01 0.7762964917662410000
1988-04-01 2.4741126315376960000
1988-05-01 1.5664458876326763000
1988-06-01 -0.7588361360017783000
1988-07-01 -2.1986932697922440000
1988-08-01 -1.5035575714202520000
1988-09-01 0.4411286358672857000
1988-10-01 1.9279595256178619000
1988-11-01 2.0347922387060750000
1988-12-01 1.2211871096130040000
1989-01-01 0.3706841122610695000
1989-02-01 -0.0450693041920351400
1989-03-01 0.0027316649104342100
1989-04-01 0.5050770492404884000
1989-05-01 1.4310353523801418000
1989-06-01 2.3337998804983426000
1989-07-01 2.2627920655546680000
1989-08-01 0.6384867148569249000
1989-09-01 -1.5992961797208547000
1989-10-01 -2.6510458837833050000
1989-11-01 -1.5125178746837522000
1989-12-01 0.6776740307153915000
1990-01-01 2.0150610620175398000
1990-02-01 1.5920690334488010000
1990-03-01 0.2468526175686689700
1990-04-01 -0.7089389498604354000
1990-05-01 -0.7311369787603128000
1990-06-01 -0.2385555002568362800
1990-07-01 -0.1242545555930563200
1990-08-01 -0.8926273984501880000
1990-09-01 -2.1463827663411283000
1990-10-01 -2.8361227784652328000
1990-11-01 -2.2450241131809303000
1990-12-01 -0.9124367879947493000
1991-01-01 0.3425826213305899000
1991-02-01 1.1842142219418130000
1991-03-01 1.6983199683628447000
1991-04-01 1.6641440261542513000
1991-05-01 0.7227532541406620000
1991-06-01 -0.6530789310128657000
1991-07-01 -1.6770281210095810000
1991-08-01 -1.9214599182718320000
1991-09-01 -1.6695172077020013000
1991-10-01 -0.8877207410482859000
1991-11-01 0.7185933619618090000
1991-12-01 2.6372118583545876000
1992-01-01 3.5623233603356685000
1992-02-01 2.5784640689953693000
1992-03-01 0.6015085897497882000
1992-04-01 -0.8037342835169238000
1992-05-01 -0.8316484736994857000
1992-06-01 0.0053139654635268850
1992-07-01 0.9565882102825339000
1992-08-01 1.6999856651384486000
1992-09-01 2.0957468760228210000
1992-10-01 1.5840483938610248000
1992-11-01 -0.2891887633805940700
1992-12-01 -2.6438815199107700000
1993-01-01 -3.7785799343801756000
1993-02-01 -2.7379931772147996000
1993-03-01 -0.6984305405457150000
1993-04-01 0.4900720249119156500
1993-05-01 0.0277647974380483450
1993-06-01 -1.2260436071521867000
1993-07-01 -1.7582008916547458000
1993-08-01 -0.8417136123311828000
1993-09-01 0.7751205221368206000
1993-10-01 1.6477259826507010000
1993-11-01 1.0185972499288343000
1993-12-01 -0.3429974363232162000
1994-01-01 -1.0361470026457250000
1994-02-01 -0.3753444395774005500
1994-03-01 0.9341130106484618000
1994-04-01 1.4140036585536382000
1994-05-01 0.2296293779975018500
1994-06-01 -1.7715264742144492000
1994-07-01 -2.8539444348791230000
1994-08-01 -2.0347896302902470000
1994-09-01 -0.2316408778700313800
1994-10-01 0.8047586761190101000
1994-11-01 0.1361575288238794600
1994-12-01 -1.4728184181258590000
1995-01-01 -2.5830392465600536000
1995-02-01 -2.4349443383544407000
1995-03-01 -1.5295449047638800000
1995-04-01 -0.6255659280434827000
1995-05-01 -0.0068198365124795230
1995-06-01 0.3659394335390369600
1995-07-01 0.4400243706063722000
1995-08-01 0.0712395042299078700
1995-09-01 -0.5088228433568136000
1995-10-01 -0.9215728364442359000
1995-11-01 -0.9349100066915732000
1995-12-01 -0.6493643859436742000
1996-01-01 0.0018772606139925427
1996-02-01 1.1444072344731335000
1996-03-01 2.3817536000645350000
1996-04-01 2.7298048688846714000
1996-05-01 1.5533789693420972000
1996-06-01 -0.2662417537200726400
1996-07-01 -1.2080503196267778000
1996-08-01 -0.5435701453232971000
1996-09-01 0.8387918846359415000
1996-10-01 1.2899057055104328000
1996-11-01 -0.0367607106427093250
1996-12-01 -2.1955133433932703000
1997-01-01 -3.1067096057882780000
1997-02-01 -1.5051530482213695000
1997-03-01 1.3936463988392511000
1997-04-01 3.2564624039353280000
1997-05-01 2.7939182512481984000
1997-06-01 1.0021938598096403000
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