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 2024-09-01
Last Updated 2024-10-10 3:18 PM CDT
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 -12.39178400
1968-02-01 -9.07021650
1968-03-01 -10.90585500
1968-04-01 -11.03119900
1968-05-01 -10.29732500
1968-06-01 -7.34792350
1968-07-01 -11.97689700
1968-08-01 -15.60637600
1968-09-01 -14.83701200
1968-10-01 -19.76507800
1968-11-01 -8.51625540
1968-12-01 -16.19759300
1969-01-01 -18.55960800
1969-02-01 -17.76856800
1969-03-01 -16.65152700
1969-04-01 -22.49413700
1969-05-01 -27.38906600
1969-06-01 -18.41863100
1969-07-01 -26.20861200
1969-08-01 -21.61850800
1969-09-01 -14.05960000
1969-10-01 -6.29689500
1969-11-01 -0.60341716
1969-12-01 4.04941740
1970-01-01 25.57998400
1970-02-01 39.82870500
1970-03-01 53.91037000
1970-04-01 55.22201800
1970-05-01 56.76777100
1970-06-01 52.26677700
1970-07-01 47.84547300
1970-08-01 53.76490200
1970-09-01 59.08870200
1970-10-01 59.52989000
1970-11-01 54.38841400
1970-12-01 16.72998600
1971-01-01 7.94368350
1971-02-01 -16.00674600
1971-03-01 -17.75798800
1971-04-01 -23.01546700
1971-05-01 -29.74207700
1971-06-01 -53.33358000
1971-07-01 -59.55130800
1971-08-01 -63.50298600
1971-09-01 -50.06513000
1971-10-01 -59.79017900
1971-11-01 -43.55343900
1971-12-01 -48.02758000
1972-01-01 -60.02366900
1972-02-01 -66.88043100
1972-03-01 -69.45455200
1972-04-01 -60.25185700
1972-05-01 -64.19820600
1972-06-01 -66.93935100
1972-07-01 -56.74768000
1972-08-01 -63.11223500
1972-09-01 -8.76827980
1972-10-01 -5.87657180
1972-11-01 -4.73430890
1972-12-01 9.26588430
1973-01-01 20.74048000
1973-02-01 29.48431000
1973-03-01 38.59980100
1973-04-01 42.99940600
1973-05-01 50.27519300
1973-06-01 57.73304600
1973-07-01 59.19874800
1973-08-01 69.71738200
1973-09-01 81.14535400
1973-10-01 107.06819000
1973-11-01 104.09783000
1973-12-01 114.10306000
1974-01-01 105.63390000
1974-02-01 88.69308200
1974-03-01 98.27842000
1974-04-01 86.30305100
1974-05-01 104.05978000
1974-06-01 82.39023900
1974-07-01 62.08742900
1974-08-01 58.72168500
1974-09-01 60.46983000
1974-10-01 61.62387200
1974-11-01 59.03835900
1974-12-01 21.87487900
1975-01-01 -0.68996384
1975-02-01 -9.63793750
1975-03-01 -26.44133600
1975-04-01 -41.19533200
1975-05-01 -43.86138300
1975-06-01 -36.71691200
1975-07-01 -41.70141000
1975-08-01 -45.41445200
1975-09-01 -34.20567000
1975-10-01 -33.79732200
1975-11-01 -23.90022100
1975-12-01 -35.52327300
1976-01-01 -45.82908700
1976-02-01 -50.08910000
1976-03-01 -32.36072100
1976-04-01 -28.77286000
1976-05-01 -19.17987500
1976-06-01 -16.05248500
1976-07-01 -21.36295000
1976-08-01 -23.84799200
1976-09-01 -24.58177100
1976-10-01 -20.67178800
1976-11-01 -19.24341700
1976-12-01 -35.64634000
1977-01-01 -49.02913000
1977-02-01 -44.94103600
1977-03-01 -45.27988600
1977-04-01 -43.40194400
1977-05-01 -35.65521400
1977-06-01 -40.43171600
1977-07-01 -44.22913800
1977-08-01 -46.93663400
1977-09-01 -47.09765500
1977-10-01 -32.86932300
1977-11-01 -33.35079900
1977-12-01 -37.92368800
1978-01-01 -38.39791400
1978-02-01 -38.70946500
1978-03-01 -39.17660200
1978-04-01 -39.79637600
1978-05-01 -22.69600700
1978-06-01 -17.13307900
1978-07-01 -25.73786000
1978-08-01 -26.18091400
1978-09-01 -13.91617500
1978-10-01 -17.95469500
1978-11-01 -3.93323180
1978-12-01 -6.93671090
1979-01-01 -16.21625000
1979-02-01 -10.76588900
1979-03-01 7.13317990
1979-04-01 9.11080350
1979-05-01 28.91374400
1979-06-01 46.19745800
1979-07-01 54.22251100
1979-08-01 37.12602000
1979-09-01 43.69319700
1979-10-01 43.61932500
1979-11-01 49.12907600
1979-12-01 35.31664200
1980-01-01 34.69391900
1980-02-01 40.04860000
1980-03-01 42.02536400
1980-04-01 60.35651100
1980-05-01 63.51293100
1980-06-01 56.75212500
1980-07-01 44.63870000
1980-08-01 53.39182300
1980-09-01 54.64085600
1980-10-01 54.52557800
1980-11-01 64.35116500
1980-12-01 67.98896000
1981-01-01 63.68017300
1981-02-01 61.49104900
1981-03-01 49.96828400
1981-04-01 45.61730100
1981-05-01 35.54783700
1981-06-01 40.80290400
1981-07-01 32.45332300
1981-08-01 14.85944200
1981-09-01 12.78486800
1981-10-01 15.31738400
1981-11-01 14.34921400
1981-12-01 7.40426430
1982-01-01 2.82772480
1982-02-01 -6.51411870
1982-03-01 2.71083920
1982-04-01 10.65646900
1982-05-01 7.50904710
1982-06-01 -16.83408700
1982-07-01 -41.13393900
1982-08-01 -43.47938600
1982-09-01 -27.67534800
1982-10-01 -27.10919100
1982-11-01 -24.51583500
1982-12-01 -19.76472400
1983-01-01 -17.73545800
1983-02-01 -12.86101700
1983-03-01 -9.97187630
1983-04-01 -7.28380590
1983-05-01 -7.49032190
1983-06-01 -22.42802600
1983-07-01 -33.68376600
1983-08-01 -34.72829700
1983-09-01 -31.71168300
1983-10-01 -28.74389700
1983-11-01 -21.36741800
1983-12-01 -31.69084200
1984-01-01 -29.82582900
1984-02-01 -23.19618200
1984-03-01 -18.94848300
1984-04-01 -14.97785300
1984-05-01 -15.61353500
1984-06-01 -24.46746600
1984-07-01 -29.35754800
1984-08-01 -28.50972700
1984-09-01 -25.36695600
1984-10-01 -24.09613100
1984-11-01 -16.55183600
1984-12-01 -19.71078500
1985-01-01 -23.26711200
1985-02-01 -27.59782000
1985-03-01 -25.86871800
1985-04-01 -20.88653600
1985-05-01 -24.90998800
1985-06-01 -34.41534400
1985-07-01 -50.16098400
1985-08-01 -57.62108600
1985-09-01 -50.07218600
1985-10-01 -37.00257100
1985-11-01 -36.18296800
1985-12-01 -36.03286900
1986-01-01 -37.78731100
1986-02-01 -51.74085600
1986-03-01 -55.38375700
1986-04-01 -61.54773300
1986-05-01 -66.38518200
1986-06-01 -69.34661800
1986-07-01 -80.97278100
1986-08-01 -78.30970400
1986-09-01 -54.27041100
1986-10-01 -48.82329100
1986-11-01 -51.14367800
1986-12-01 -60.13495400
1987-01-01 -46.53918900
1987-02-01 -41.81182800
1987-03-01 -35.10390700
1987-04-01 -25.20803000
1987-05-01 -19.46071600
1987-06-01 -30.74952400
1987-07-01 -33.69450900
1987-08-01 -18.81214800
1987-09-01 -22.36052000
1987-10-01 -17.35990000
1987-11-01 -12.34880300
1987-12-01 -5.16002820
1988-01-01 2.85472700
1988-02-01 14.10229400
1988-03-01 19.19538900
1988-04-01 11.65316900
1988-05-01 5.20317470
1988-06-01 -5.10911470
1988-07-01 -11.46810500
1988-08-01 -9.40155330
1988-09-01 -4.85414290
1988-10-01 -1.94536980
1988-11-01 7.83074010
1988-12-01 11.30133000
1989-01-01 17.76764200
1989-02-01 12.20407800
1989-03-01 17.52456400
1989-04-01 16.95654100
1989-05-01 21.51217200
1989-06-01 3.09944670
1989-07-01 1.02096910
1989-08-01 2.40147980
1989-09-01 3.87700080
1989-10-01 10.58358600
1989-11-01 18.12476600
1989-12-01 14.53741300
1990-01-01 16.46708100
1990-02-01 13.03131500
1990-03-01 12.47818000
1990-04-01 2.64064890
1990-05-01 -6.26433010
1990-06-01 -15.09404100
1990-07-01 -25.07687200
1990-08-01 -16.06269800
1990-09-01 -18.66102500
1990-10-01 -14.64653800
1990-11-01 -9.68473490
1990-12-01 -0.40991543
1991-01-01 0.21558059
1991-02-01 9.96982890
1991-03-01 17.90826000
1991-04-01 10.45431200
1991-05-01 14.28792100
1991-06-01 16.47036000
1991-07-01 7.99553320
1991-08-01 2.83266550
1991-09-01 5.93958200
1991-10-01 10.28035500
1991-11-01 10.87664500
1991-12-01 5.43485780
1992-01-01 2.55876610
1992-02-01 -10.79745100
1992-03-01 -18.12633800
1992-04-01 -21.94371400
1992-05-01 -14.27785100
1992-06-01 -22.28385100
1992-07-01 -31.71222000
1992-08-01 -31.66597500
1992-09-01 -33.03381400
1992-10-01 -32.44129800
1992-11-01 -19.67619300
1992-12-01 -7.87275970
1993-01-01 -12.49622500
1993-02-01 -10.33406100
1993-03-01 -2.21689560
1993-04-01 1.81314900
1993-05-01 7.89267970
1993-06-01 4.55367950
1993-07-01 -6.93071740
1993-08-01 -6.24874620
1993-09-01 -4.08111420
1993-10-01 -7.62843330
1993-11-01 -13.20858400
1993-12-01 -18.38551600
1994-01-01 -18.87067700
1994-02-01 -24.94860600
1994-03-01 -25.57641100
1994-04-01 -13.35246300
1994-05-01 -0.45274435
1994-06-01 -9.78418510
1994-07-01 -5.80532740
1994-08-01 -0.56127394
1994-09-01 3.11485540
1994-10-01 19.45255500
1994-11-01 22.29394300
1994-12-01 29.05863900
1995-01-01 30.15530200
1995-02-01 28.70798800
1995-03-01 38.52544300
1995-04-01 41.07937400
1995-05-01 40.64833700
1995-06-01 29.18277100
1995-07-01 27.40648500
1995-08-01 33.24105600
1995-09-01 29.42103700
1995-10-01 13.51201500
1995-11-01 9.86764210
1995-12-01 7.94971530
1996-01-01 2.92740180
1996-02-01 -4.68045040
1996-03-01 -8.45543480
1996-04-01 -3.67196370
1996-05-01 -6.48582450
1996-06-01 -17.16558700
1996-07-01 -30.09598500
1996-08-01 -32.96153200
1996-09-01 -38.40755900
1996-10-01 -29.11562100
1996-11-01 -4.64567040
1996-12-01 -2.20847700
1997-01-01 -3.86044780
1997-02-01 -5.53905290
1997-03-01 -3.09739100
1997-04-01 -9.38006760
1997-05-01 -16.81478900
1997-06-01 -17.30667400
1997-07-01 -12.13633500
1997-08-01 -15.71276600
1997-09-01 -15.56386700
1997-10-01 -13.52366600
1997-11-01 -20.27848900
1997-12-01 -20.33634900
1998-01-01 -26.90462500
1998-02-01 -42.74679000
1998-03-01 -35.71557300
1998-04-01 -42.64019200
1998-05-01 -43.02606500
1998-06-01 -51.93487500
1998-07-01 -58.57989400
1998-08-01 -63.54068600
1998-09-01 -54.69324300
1998-10-01 -42.68816900
1998-11-01 -45.21782600
1998-12-01 -57.41788700
1999-01-01 -63.00487400
1999-02-01 -58.81170700
1999-03-01 -44.14964100
1999-04-01 -49.19776500
1999-05-01 -35.07841700
1999-06-01 -42.12824600
1999-07-01 -43.60403700
1999-08-01 -36.85372600
1999-09-01 -27.97556100
1999-10-01 -12.42386400
1999-11-01 -12.81050600
1999-12-01 -12.20958100
2000-01-01 -10.27612700
2000-02-01 -8.93103590
2000-03-01 5.74487390
2000-04-01 8.82909230
2000-05-01 4.84220570
2000-06-01 3.61077310
2000-07-01 5.29520320
2000-08-01 6.75052760
2000-09-01 10.75412000
2000-10-01 12.02409400
2000-11-01 11.32305900
2000-12-01 4.47212370
2001-01-01 1.35796920
2001-02-01 -4.41962730
2001-03-01 -2.76751610
2001-04-01 -7.05686510
2001-05-01 -6.77650920
2001-06-01 -11.86369300
2001-07-01 -24.70587700
2001-08-01 -45.37416600
2001-09-01 -49.23896600
2001-10-01 -53.89354000
2001-11-01 -58.57830100
2001-12-01 -56.61699700
2002-01-01 -49.84358100
2002-02-01 -46.77908500
2002-03-01 -36.51413500
2002-04-01 -35.67507600
2002-05-01 -39.79200400
2002-06-01 -43.42989500
2002-07-01 -44.19259200
2002-08-01 -42.89715000
2002-09-01 -26.37645000
2002-10-01 -12.03701700
2002-11-01 -5.30846580
2002-12-01 7.89106850
2003-01-01 9.28447140
2003-02-01 7.71643420
2003-03-01 17.71591200
2003-04-01 29.20907700
2003-05-01 37.31915000
2003-06-01 33.02413700
2003-07-01 35.45070400
2003-08-01 39.38085300
2003-09-01 46.67960900
2003-10-01 99.43907800
2003-11-01 101.61909000
2003-12-01 109.62415000
2004-01-01 121.98050000
2004-02-01 126.07136000
2004-03-01 119.99161000
2004-04-01 106.63011000
2004-05-01 84.18911800
2004-06-01 62.54144300
2004-07-01 88.98086100
2004-08-01 98.94191200
2004-09-01 98.11717600
2004-10-01 106.93441000
2004-11-01 122.29927000
2004-12-01 126.34437000
2005-01-01 106.19483000
2005-02-01 106.60810000
2005-03-01 109.58144000
2005-04-01 106.26625000
2005-05-01 85.30471600
2005-06-01 56.60518500
2005-07-01 34.78035600
2005-08-01 33.74501300
2005-09-01 56.48461700
2005-10-01 68.48374800
2005-11-01 61.08548800
2005-12-01 49.78112800
2006-01-01 35.41677000
2006-02-01 43.27105000
2006-03-01 49.43555900
2006-04-01 43.80833900
2006-05-01 42.73816500
2006-06-01 53.36375700
2006-07-01 64.51044700
2006-08-01 83.20078900
2006-09-01 92.97685200
2006-10-01 93.31468700
2006-11-01 97.37402200
2006-12-01 100.42187000
2007-01-01 103.28634000
2007-02-01 101.62031000
2007-03-01 116.52646000
2007-04-01 128.00812000
2007-05-01 138.43297000
2007-06-01 128.00816000
2007-07-01 140.97599000
2007-08-01 150.16776000
2007-09-01 167.44547000
2007-10-01 186.85064000
2007-11-01 187.35914000
2007-12-01 180.47706000
2008-01-01 148.50148000
2008-02-01 144.20982000
2008-03-01 159.97238000
2008-04-01 162.64722000
2008-05-01 189.11538000
2008-06-01 182.55657000
2008-07-01 168.34057000
2008-08-01 149.83503000
2008-09-01 110.16934000
2008-10-01 9.97826770
2008-11-01 -67.25879200
2008-12-01 -76.00505900
2009-01-01 -56.36815100
2009-02-01 13.07968300
2009-03-01 20.87296300
2009-04-01 4.36722810
2009-05-01 46.98087000
2009-06-01 87.20724800
2009-07-01 74.55288300
2009-08-01 51.89884300
2009-09-01 38.58772100
2009-10-01 53.98420700
2009-11-01 89.94460300
2009-12-01 80.22749200
2010-01-01 68.32589700
2010-02-01 51.78387300
2010-03-01 69.94308600
2010-04-01 64.83665600
2010-05-01 88.26517500
2010-06-01 66.73006300
2010-07-01 18.66705000
2010-08-01 42.84786900
2010-09-01 54.00727000
2010-10-01 52.86463200
2010-11-01 37.91157600
2010-12-01 24.32951400
2011-01-01 -12.96269100
2011-02-01 -30.20031900
2011-03-01 -7.10796590
2011-04-01 -17.99866100
2011-05-01 -17.45306400
2011-06-01 -11.48230300
2011-07-01 -16.41772100
2011-08-01 -15.00971600
2011-09-01 13.22726900
2011-10-01 25.20130600
2011-11-01 13.02975700
2011-12-01 14.98060200
2012-01-01 -43.79386300
2012-02-01 -82.99817600
2012-03-01 -62.95141200
2012-04-01 -45.71580100
2012-05-01 -37.72818700
2012-06-01 -53.58866800
2012-07-01 -41.49764100
2012-08-01 -74.73907700
2012-09-01 -82.37859500
2012-10-01 -52.69011100
2012-11-01 -45.04911600
2012-12-01 -62.89001300
2013-01-01 -73.39688000
2013-02-01 -77.15668100
2013-03-01 -60.49300300
2013-04-01 -60.35819700
2013-05-01 -62.85589700
2013-06-01 -52.97268200
2013-07-01 -35.25611500
2013-08-01 -38.49789700
2013-09-01 5.09787780
2013-10-01 16.59545200
2013-11-01 -2.32361580
2013-12-01 31.02620100
2014-01-01 -8.20356090
2014-02-01 -33.74812400
2014-03-01 -7.39227210
2014-04-01 -42.46130600
2014-05-01 -47.77950100
2014-06-01 -56.14560700
2014-07-01 -69.70402900
2014-08-01 -53.14853400
2014-09-01 -34.91730900
2014-10-01 -36.68988200
2014-11-01 -17.27418100
2014-12-01 -54.95269700
2015-01-01 -76.80613300
2015-02-01 -106.49119000
2015-03-01 -100.03732000
2015-04-01 -97.33780300
2015-05-01 -96.55035300
2015-06-01 -80.88112100
2015-07-01 -47.56601300
2015-08-01 -38.55459400
2015-09-01 -56.31451700
2015-10-01 -67.63924400
2015-11-01 -98.48723400
2015-12-01 -109.67929000
2016-01-01 -139.02873000
2016-02-01 -161.73758000
2016-03-01 -139.64805000
2016-04-01 -93.82379900
2016-05-01 -91.86963400
2016-06-01 -93.94182900
2016-07-01 -78.55706000
2016-08-01 -83.57867800
2016-09-01 -62.96204000
2016-10-01 -58.23010500
2016-11-01 -37.14499900
2016-12-01 -39.33281200
2017-01-01 -54.15025000
2017-02-01 -71.91415900
2017-03-01 -30.96077700
2017-04-01 -24.10788900
2017-05-01 -46.62237000
2017-06-01 -58.85516200
2017-07-01 -53.53262100
2017-08-01 -30.62642000
2017-09-01 -13.22095200
2017-10-01 -4.65046160
2017-11-01 -6.81810000
2017-12-01 3.87631360
2018-01-01 -22.87160800
2018-02-01 -32.90425500
2018-03-01 -30.17703800
2018-04-01 -32.46155200
2018-05-01 -18.95803500
2018-06-01 -14.42034500
2018-07-01 5.58641100
2018-08-01 9.14542300
2018-09-01 -7.59490880
2018-10-01 -1.10967100
2018-11-01 -26.81258500
2018-12-01 -15.38540200
2019-01-01 -37.92171400
2019-02-01 -90.52752600
2019-03-01 -82.94306100
2019-04-01 -70.33392300
2019-05-01 -40.90849000
2019-06-01 -28.20523900
2019-07-01 18.28218700
2019-08-01 24.17332800
2019-09-01 37.08969200
2019-10-01 15.87092000
2019-11-01 -9.46198910
2019-12-01 -12.30146400
2020-01-01 -80.04787300
2020-02-01 -121.92432000
2020-03-01 -94.81519100
2020-04-01 -83.89356300
2020-05-01 -114.21115000
2020-06-01 -29.32915000
2020-07-01 5.70593800
2020-08-01 -1.93268440
2020-09-01 -9.16986560
2020-10-01 5.37080450
2020-11-01 -27.07922400
2020-12-01 -22.05624800
2021-01-01 6.64192800
2021-02-01 -3.61185630
2021-03-01 25.71591800
2021-04-01 45.60211700
2021-05-01 63.19628300
2021-06-01 61.42222700
2021-07-01 69.46872100
2021-08-01 84.77562800
2021-09-01 98.74937900
2021-10-01 109.68486000
2021-11-01 53.96643400
2021-12-01 55.26742800
2022-01-01 7.36127650
2022-02-01 10.88660100
2022-03-01 39.47144100
2022-04-01 28.78907700
2022-05-01 56.25243700
2022-06-01 34.32219200
2022-07-01 20.49937600
2022-08-01 -18.00520700
2022-09-01 -13.04680200
2022-10-01 6.48405980
2022-11-01 -27.00732300
2022-12-01 -15.69288100
2023-01-01 -62.94654400
2023-02-01 -95.47792700
2023-03-01 -19.17605600
2023-04-01 -14.59098500
2023-05-01 -18.95564700
2023-06-01 -45.90243900
2023-07-01 -49.90108800
2023-08-01 -40.19165600
2023-09-01 -21.21504400
2023-10-01 8.21254950
2023-11-01 6.21753770
2023-12-01 38.80189700
2024-01-01 -6.41767320
2024-02-01 19.96593400
2024-03-01 25.37277400
2024-04-01 -0.23854093
2024-05-01 8.97344480
2024-06-01 10.61017400
2024-07-01 10.77710800
2024-08-01 -0.73715810
2024-09-01 12.79853700

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