NOTES
| Title | Release Dates | |
|
|
||
| Brave-Butters-Kelley Cycle: Leading Subcomponent of GDP | 2021-04-01 | 2022-07-04 |
| Brave-Butters-Kelley Cycle: Leading Subcomponent of GDP (DISCONTINUED) | 2022-07-05 | 2022-08-28 |
| Brave-Butters-Kelley Cycle: Leading Subcomponent of GDP | 2022-08-29 | 2024-12-02 |
| Source | ||
|
|
||
| Federal Reserve Bank of Chicago | 2021-04-01 | 2022-08-28 |
| Indiana University: Indiana Business Research Center | 2022-08-29 | 2024-12-02 |
| Release | ||
|
|
||
| Brave-Butters-Kelley Indexes | 2021-04-01 | 2024-12-02 |
| Units | ||
|
|
||
| Annualized Percent Change from Preceding Period | 2021-04-01 | 2024-12-02 |
| Frequency | ||
|
|
||
| Quarterly | 2021-04-01 | 2024-12-02 |
| Seasonal Adjustment | ||
|
|
||
| Seasonally Adjusted | 2021-04-01 | 2024-12-02 |
| Notes | ||
|
|
||
|
The Brave-Butters-Kelley Indexes (BBKI) are a research project of the Federal Reserve Bank of Chicago. 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 500 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. This quarterly series is aggregated from the monthly version of the series (BBKMCLE) (https://fred.stlouisfed.org/series/BBKMCLE), using the triangle average described in Brave, Butters, and Kelley (2019) (https://www.chicagofed.org/publications/economic-perspectives/2019/1) to approximate quarterly annualized (log) percent changes from the monthly series. 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 (https://www.chicagofed.org/publications/chicago-fed-letter/2019/422), 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 (https://www.chicagofed.org/publications/economic-perspectives/2019/1), Economic Perspectives, Federal Reserve Bank of Chicago, Vol. 43, No. 1. Crossref, https://doi.org/10.21033/ep-2019-1 |
2021-04-01 | 2022-08-28 |
|
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. This quarterly series is aggregated from the monthly version of the series (BBKMCLE (https://fred.stlouisfed.org/series/BBKMCLE)), using the triangle average described in Brave, Butters, and Kelley (2019) (https://www.chicagofed.org/publications/economic-perspectives/2019/1) to approximate quarterly annualized (log) percent changes from the monthly series. 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 (https://www.chicagofed.org/publications/chicago-fed-letter/2019/422), 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 (https://www.chicagofed.org/publications/economic-perspectives/2019/1), Economic Perspectives, Federal Reserve Bank of Chicago, Vol. 43, No. 1. Crossref, https://doi.org/10.21033/ep-2019-1 |
2022-08-29 | 2024-12-02 |
RELEASE TABLES
Brave-Butters-Kelley Indexes
RELATED DATA AND CONTENT
Data Suggestions Based On Your Search
Content Suggestions
