Economic Policy Uncertainty Index: Categorical Index: Fiscal Policy (Taxes OR Spending) (EPUFISCAL)

Jan 2026: 425.53692
Updated: Feb 27, 2026 8:02 AM CST
Jan 2026:  425.53692  
Dec 2025:  358.45486  
Nov 2025:  396.77829  
Oct 2025:  391.26275  
Sep 2025:  375.56345  
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Units:

Index,
Not Seasonally Adjusted

Frequency:

Monthly

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Notes

Source: Baker, Scott R.

Source: Bloom, Nick  

Source: Davis, Steven J.  

Release: Economic Policy Uncertainty  

Units:  Index, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The EPU Categorical Data include a range of sub-indexes based solely on news data. These are derived using results from the Access World News database of over 2,000 US newspapers.

For further explanation, please see the source page on Categorical EPU data.

Suggested Citation:

Baker, Scott R., Bloom, Nick and Davis, Steven J., Economic Policy Uncertainty Index: Categorical Index: Fiscal Policy (Taxes OR Spending) [EPUFISCAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EPUFISCAL, .

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