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Brave-Butters-Kelley Irregular Component of GDP (BBKMIR)

Observation:

Mar 2024: 0.01140 (+ more)   Updated: Apr 29, 2024 7:31 AM CDT
Mar 2024:  0.01140  
Feb 2024:  -0.14401  
Jan 2024:  -0.10911  
Dec 2023:  0.30597  
Nov 2023:  0.89740  
View All

Units:

Annualized Percent Change from Preceding Period,
Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Indiana University: Indiana Business Research Center  

Release: Brave-Butters-Kelley Indexes  

Units:  Annualized Percent Change from Preceding Period, Seasonally Adjusted

Frequency:  Monthly

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

Suggested Citation:

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, May 19, 2024.

RELEASE TABLES

Brave-Butters-Kelley Indexes

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