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Source: Indiana University: Indiana Business Research Center
Release: Brave-Butters-Kelley Indexes
Units: Annualized Percent Change from Preceding Period, Seasonally Adjusted
Frequency: Monthly
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 cycle component of GDP is expressed in annualized real GDP growth equivalent units. The cycle component is the sum of the leading and lagging subcomponents.
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
Indiana University. Indiana Business Research Center, Brave-Butters-Kelley Cycle Component of GDP [BBKMCY], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BBKMCY, .
Source: Indiana University: Indiana Business Research Center
Release: Brave-Butters-Kelley Indexes
Units: Annualized Percent Change from Preceding Period, Seasonally Adjusted
Frequency: Monthly
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
Indiana University. Indiana Business Research Center, Brave-Butters-Kelley Irregular Component of GDP [BBKMIR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BBKMIR, .
Source: Indiana University: Indiana Business Research Center
Release: Brave-Butters-Kelley Indexes
Units: Annualized Percent Change from Preceding Period, Seasonally Adjusted
Frequency: Monthly
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 leading subcomponent of the cycle is expressed in annualized real GDP growth equivalent units. The cycle component is the sum of the leading and lagging subcomponents.
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
Indiana University. Indiana Business Research Center, Brave-Butters-Kelley Cycle: Leading Subcomponent of GDP [BBKMCLE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BBKMCLE, .
Source: Indiana University: Indiana Business Research Center
Release: Brave-Butters-Kelley Indexes
Units: Annualized Percent Change from Preceding Period, Seasonally Adjusted
Frequency: Monthly
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 lagging subcomponent of the cycle expressed in annualized real GDP growth equivalent units. The cycle component is the sum of the leading and lagging subcomponents.
For more details, see also:
ave, 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
Indiana University. Indiana Business Research Center, Brave-Butters-Kelley Cycle: Lagging Subcomponent of GDP [BBKMCLA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BBKMCLA, .
Source: Indiana University: Indiana Business Research Center
Release: Brave-Butters-Kelley Indexes
Units: Annualized Percent Change from Preceding Period, Seasonally Adjusted
Frequency: Monthly
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
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, .
Brave-Butters-Kelley Cycle Component of GDP
Quarterly, Seasonally AdjustedBrave-Butters-Kelley Irregular Component of GDP
Quarterly, Seasonally AdjustedBrave-Butters-Kelley Cycle: Leading Subcomponent of GDP
Quarterly, Seasonally AdjustedBrave-Butters-Kelley Cycle: Lagging Subcomponent of GDP
Quarterly, Seasonally AdjustedBrave-Butters-Kelley Trend Component of GDP
Quarterly, Seasonally Adjusted