Title: Equity Market Volatility Tracker: Macroeconomic News And Outlook Series ID: EMVMACRONEWS Source: Baker, Scott R., Bloom, Nick, Davis, Stephen J. Release: Economic Policy Uncertainty (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Index Date Range: 1985-01-01 to 2023-10-01 Last Updated: 2023-11-06 8:02 AM CST Notes: The Equity Market Volatility tracker moves with the VIX and with the realized volatility of returns on the S&P 500. For more information, see Baker, Scott, Nicholas Bloom and Steven Davis (2019), 'Policy News and Stack Market Volatility' (https://www.policyuncertainty.com/media/Policy%20News%20and%20Stock%20Market%20Volatility.pdf) DATE VALUE 1985-01-01 8.07430 1985-02-01 7.27826 1985-03-01 7.52470 1985-04-01 7.34267 1985-05-01 7.45973 1985-06-01 6.31526 1985-07-01 7.78240 1985-08-01 8.55026 1985-09-01 8.66575 1985-10-01 6.76705 1985-11-01 8.83359 1985-12-01 7.76014 1986-01-01 7.36461 1986-02-01 7.59449 1986-03-01 10.74509 1986-04-01 7.70036 1986-05-01 8.74707 1986-06-01 9.37732 1986-07-01 10.63788 1986-08-01 9.43408 1986-09-01 13.78326 1986-10-01 9.03050 1986-11-01 9.14085 1986-12-01 6.93779 1987-01-01 11.58254 1987-02-01 8.35575 1987-03-01 9.16467 1987-04-01 10.30677 1987-05-01 11.72633 1987-06-01 9.82361 1987-07-01 8.13994 1987-08-01 8.92466 1987-09-01 8.03343 1987-10-01 39.73891 1987-11-01 40.64070 1987-12-01 27.87030 1988-01-01 24.45474 1988-02-01 16.21612 1988-03-01 12.35974 1988-04-01 14.99931 1988-05-01 15.44900 1988-06-01 11.60414 1988-07-01 12.30924 1988-08-01 11.76259 1988-09-01 9.36131 1988-10-01 15.02509 1988-11-01 12.37517 1988-12-01 11.25368 1989-01-01 14.92524 1989-02-01 10.94664 1989-03-01 7.19502 1989-04-01 10.13832 1989-05-01 10.56856 1989-06-01 11.14932 1989-07-01 11.71861 1989-08-01 10.34007 1989-09-01 10.13231 1989-10-01 17.48538 1989-11-01 11.34744 1989-12-01 12.91490 1990-01-01 13.74159 1990-02-01 16.46445 1990-03-01 12.02795 1990-04-01 11.39872 1990-05-01 9.20108 1990-06-01 9.31335 1990-07-01 12.62557 1990-08-01 14.85446 1990-09-01 14.38071 1990-10-01 15.98701 1990-11-01 11.60444 1990-12-01 11.95790 1991-01-01 17.39903 1991-02-01 14.94121 1991-03-01 10.44363 1991-04-01 11.22862 1991-05-01 10.18245 1991-06-01 11.02783 1991-07-01 11.82581 1991-08-01 10.87014 1991-09-01 10.06936 1991-10-01 10.76641 1991-11-01 15.39697 1991-12-01 11.00380 1992-01-01 16.71732 1992-02-01 13.05320 1992-03-01 12.26836 1992-04-01 13.02054 1992-05-01 10.58540 1992-06-01 11.07807 1992-07-01 13.28217 1992-08-01 9.09061 1992-09-01 11.90425 1992-10-01 14.03151 1992-11-01 10.78956 1992-12-01 7.67518 1993-01-01 10.27241 1993-02-01 11.32731 1993-03-01 12.37333 1993-04-01 10.74350 1993-05-01 10.84936 1993-06-01 11.03219 1993-07-01 11.45082 1993-08-01 13.41955 1993-09-01 11.76242 1993-10-01 9.83659 1993-11-01 10.82948 1993-12-01 9.02118 1994-01-01 12.40701 1994-02-01 11.56991 1994-03-01 14.23063 1994-04-01 21.64224 1994-05-01 13.21413 1994-06-01 11.53256 1994-07-01 13.71172 1994-08-01 12.24994 1994-09-01 12.77698 1994-10-01 12.41362 1994-11-01 11.55942 1994-12-01 15.70003 1995-01-01 17.46955 1995-02-01 16.14298 1995-03-01 11.84450 1995-04-01 11.19895 1995-05-01 9.52697 1995-06-01 11.15064 1995-07-01 13.08609 1995-08-01 8.71877 1995-09-01 9.15677 1995-10-01 11.56664 1995-11-01 11.60069 1995-12-01 12.97055 1996-01-01 15.63476 1996-02-01 13.36953 1996-03-01 16.51261 1996-04-01 10.35715 1996-05-01 12.24825 1996-06-01 12.33482 1996-07-01 17.11809 1996-08-01 10.76535 1996-09-01 10.25534 1996-10-01 11.26521 1996-11-01 11.23358 1996-12-01 14.96302 1997-01-01 15.73251 1997-02-01 13.28003 1997-03-01 16.74327 1997-04-01 17.36942 1997-05-01 11.94950 1997-06-01 14.14370 1997-07-01 14.58319 1997-08-01 14.75404 1997-09-01 12.09824 1997-10-01 23.42342 1997-11-01 20.93782 1997-12-01 17.55227 1998-01-01 22.23825 1998-02-01 13.85633 1998-03-01 11.76486 1998-04-01 15.60799 1998-05-01 15.97698 1998-06-01 15.61467 1998-07-01 18.77467 1998-08-01 26.61156 1998-09-01 35.02255 1998-10-01 31.53994 1998-11-01 24.95596 1998-12-01 17.25063 1999-01-01 21.36027 1999-02-01 12.92794 1999-03-01 15.45473 1999-04-01 13.10019 1999-05-01 12.77993 1999-06-01 15.15111 1999-07-01 15.18827 1999-08-01 19.07959 1999-09-01 14.92846 1999-10-01 18.24636 1999-11-01 12.62941 1999-12-01 11.73800 2000-01-01 14.51894 2000-02-01 12.65089 2000-03-01 16.61206 2000-04-01 23.51645 2000-05-01 24.75920 2000-06-01 15.55360 2000-07-01 12.70484 2000-08-01 11.44587 2000-09-01 10.61234 2000-10-01 17.11264 2000-11-01 19.10702 2000-12-01 23.53826 2001-01-01 19.81103 2001-02-01 14.00284 2001-03-01 20.74873 2001-04-01 17.61603 2001-05-01 14.40621 2001-06-01 10.45402 2001-07-01 13.77353 2001-08-01 12.79396 2001-09-01 30.70718 2001-10-01 20.33069 2001-11-01 16.49920 2001-12-01 15.56576 2002-01-01 17.58184 2002-02-01 13.03458 2002-03-01 12.14386 2002-04-01 12.41860 2002-05-01 11.44660 2002-06-01 14.89156 2002-07-01 30.65231 2002-08-01 25.94958 2002-09-01 22.41594 2002-10-01 19.75896 2002-11-01 15.51969 2002-12-01 15.87219 2003-01-01 19.52069 2003-02-01 15.21346 2003-03-01 20.14802 2003-04-01 16.69986 2003-05-01 13.76804 2003-06-01 13.47472 2003-07-01 13.19418 2003-08-01 12.14732 2003-09-01 10.03992 2003-10-01 9.31405 2003-11-01 6.90244 2003-12-01 9.64809 2004-01-01 11.73569 2004-02-01 8.05405 2004-03-01 10.15770 2004-04-01 11.95616 2004-05-01 11.65534 2004-06-01 11.27945 2004-07-01 12.04853 2004-08-01 10.68075 2004-09-01 9.80621 2004-10-01 9.97857 2004-11-01 9.89684 2004-12-01 11.90542 2005-01-01 12.95891 2005-02-01 8.73722 2005-03-01 9.23238 2005-04-01 13.19046 2005-05-01 12.23762 2005-06-01 11.86348 2005-07-01 9.17637 2005-08-01 12.50212 2005-09-01 10.92275 2005-10-01 11.16971 2005-11-01 9.16516 2005-12-01 10.12887 2006-01-01 12.32793 2006-02-01 7.28229 2006-03-01 9.25850 2006-04-01 10.17326 2006-05-01 13.34133 2006-06-01 13.84433 2006-07-01 13.82940 2006-08-01 12.67572 2006-09-01 10.10400 2006-10-01 10.07695 2006-11-01 7.92478 2006-12-01 11.99167 2007-01-01 10.91584 2007-02-01 11.33000 2007-03-01 20.86947 2007-04-01 14.24173 2007-05-01 11.89368 2007-06-01 14.86474 2007-07-01 20.14882 2007-08-01 35.56646 2007-09-01 21.21997 2007-10-01 18.79374 2007-11-01 19.67660 2007-12-01 22.06362 2008-01-01 30.65990 2008-02-01 20.12355 2008-03-01 25.37653 2008-04-01 16.33940 2008-05-01 14.70654 2008-06-01 13.95298 2008-07-01 22.71027 2008-08-01 14.27912 2008-09-01 44.07538 2008-10-01 51.64371 2008-11-01 27.23214 2008-12-01 23.10306 2009-01-01 23.83435 2009-02-01 25.40938 2009-03-01 25.73930 2009-04-01 18.06705 2009-05-01 18.16913 2009-06-01 15.89487 2009-07-01 15.71211 2009-08-01 14.78498 2009-09-01 13.63616 2009-10-01 14.53403 2009-11-01 14.02089 2009-12-01 11.72473 2010-01-01 15.97354 2010-02-01 12.86991 2010-03-01 12.33965 2010-04-01 16.40168 2010-05-01 18.17605 2010-06-01 14.14719 2010-07-01 17.15981 2010-08-01 12.43839 2010-09-01 13.30220 2010-10-01 12.65412 2010-11-01 13.13696 2010-12-01 10.04298 2011-01-01 13.45704 2011-02-01 10.09332 2011-03-01 13.45067 2011-04-01 12.02505 2011-05-01 10.87348 2011-06-01 13.45064 2011-07-01 19.24212 2011-08-01 51.29588 2011-09-01 21.69678 2011-10-01 21.93723 2011-11-01 14.77766 2011-12-01 16.82136 2012-01-01 15.89511 2012-02-01 12.45651 2012-03-01 11.44606 2012-04-01 11.11943 2012-05-01 13.36972 2012-06-01 14.78441 2012-07-01 13.59957 2012-08-01 11.79700 2012-09-01 11.29029 2012-10-01 13.42792 2012-11-01 10.88236 2012-12-01 11.93179 2013-01-01 13.24615 2013-02-01 14.74078 2013-03-01 12.48253 2013-04-01 11.95834 2013-05-01 11.43080 2013-06-01 13.66664 2013-07-01 11.53185 2013-08-01 9.74435 2013-09-01 14.23217 2013-10-01 14.43783 2013-11-01 10.44035 2013-12-01 11.44335 2014-01-01 12.51473 2014-02-01 8.68662 2014-03-01 10.77964 2014-04-01 12.85576 2014-05-01 10.52595 2014-06-01 8.18359 2014-07-01 9.52908 2014-08-01 10.84358 2014-09-01 7.77441 2014-10-01 17.54657 2014-11-01 10.09958 2014-12-01 11.37234 2015-01-01 18.19477 2015-02-01 9.74906 2015-03-01 9.35662 2015-04-01 9.91976 2015-05-01 7.81015 2015-06-01 10.55384 2015-07-01 17.35604 2015-08-01 24.07155 2015-09-01 17.15636 2015-10-01 13.31632 2015-11-01 9.14055 2015-12-01 13.18465 2016-01-01 20.61329 2016-02-01 17.63441 2016-03-01 12.57530 2016-04-01 8.40150 2016-05-01 9.02868 2016-06-01 14.86397 2016-07-01 12.98853 2016-08-01 9.93094 2016-09-01 10.55492 2016-10-01 9.81313 2016-11-01 13.31409 2016-12-01 9.77631 2017-01-01 14.10538 2017-02-01 11.16355 2017-03-01 8.74137 2017-04-01 11.24078 2017-05-01 7.64013 2017-06-01 7.60058 2017-07-01 9.16311 2017-08-01 11.91198 2017-09-01 6.98321 2017-10-01 7.96156 2017-11-01 9.83246 2017-12-01 13.22768 2018-01-01 12.85268 2018-02-01 20.61564 2018-03-01 12.24258 2018-04-01 12.27323 2018-05-01 10.20568 2018-06-01 8.72335 2018-07-01 8.69793 2018-08-01 11.26652 2018-09-01 13.40489 2018-10-01 18.30495 2018-11-01 16.12118 2018-12-01 31.84647 2019-01-01 28.09810 2019-02-01 11.53720 2019-03-01 13.40537 2019-04-01 11.81254 2019-05-01 12.21989 2019-06-01 14.11606 2019-07-01 15.49149 2019-08-01 24.44215 2019-09-01 11.56057 2019-10-01 9.77925 2019-11-01 13.80168 2019-12-01 14.48206 2020-01-01 10.54819 2020-02-01 15.90505 2020-03-01 46.66324 2020-04-01 28.65037 2020-05-01 23.40914 2020-06-01 25.13398 2020-07-01 19.59936 2020-08-01 22.00912 2020-09-01 14.77412 2020-10-01 17.88262 2020-11-01 13.30717 2020-12-01 13.39878 2021-01-01 17.32452 2021-02-01 14.14625 2021-03-01 17.62412 2021-04-01 13.54753 2021-05-01 14.26381 2021-06-01 14.29441 2021-07-01 11.64858 2021-08-01 12.40489 2021-09-01 18.07466 2021-10-01 14.35962 2021-11-01 9.42360 2021-12-01 12.22576 2022-01-01 15.55481 2022-02-01 17.97923 2022-03-01 18.22523 2022-04-01 15.07411 2022-05-01 21.80534 2022-06-01 14.18464 2022-07-01 19.11861 2022-08-01 11.42173 2022-09-01 12.70721 2022-10-01 16.80868 2022-11-01 13.58944 2022-12-01 17.21620 2023-01-01 16.76705 2023-02-01 14.74145 2023-03-01 25.82600 2023-04-01 16.26076 2023-05-01 18.35920 2023-06-01 14.02812 2023-07-01 13.05724 2023-08-01 11.80111 2023-09-01 13.93133 2023-10-01 13.98567