Skip to main content

Home > Releases > Brave-Butters-Kelley Indexes > Brave-Butters-Kelley Real Gross Domestic Product

Brave-Butters-Kelley Real Gross Domestic Product (BBKQGDP)

Observations

Q4 2024: 2.41998
Updated: Mar 31, 2025 7:31 AM CDT
Q4 2024:  2.41998  
Q3 2024:  3.02677  
Q2 2024:  2.94573  
Q1 2024:  1.61516  
Q4 2023:  3.14290  

Units:

Annualized Percent Change from Preceding Period,
Seasonally Adjusted

Frequency:

Quarterly

Fullscreen

Notes

Title Release Dates
Brave-Butters-Kelley Real Gross Domestic Product 2021-04-01 2022-07-04
Brave-Butters-Kelley Real Gross Domestic Product (DISCONTINUED) 2022-07-05 2022-08-28
Brave-Butters-Kelley Real Gross Domestic Product 2022-08-29 2025-03-31
 
Source    
Federal Reserve Bank of Chicago 2021-04-01 2022-08-28
Indiana University: Indiana Business Research Center 2022-08-29 2025-03-31
 
Release    
Brave-Butters-Kelley Indexes 2021-04-01 2025-03-31
 
Units    
Annualized Percent Change from Preceding Period 2021-04-01 2025-03-31
 
Frequency    
Quarterly 2021-04-01 2025-03-31
 
Seasonal Adjustment    
Seasonally Adjusted 2021-04-01 2025-03-31
 
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 BBK Monthly GDP Growth is indexed to the quarterly estimates of real GDP growth from the U.S. Bureau of Economic Analysis and consists of three components: cycle, trend, and irregular components.

This quarterly series is aggregated from the monthly version of the series (BBKMGDP) (https://fred.stlouisfed.org/series/BBKMGDP), 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 BBK Monthly GDP Growth is indexed to the quarterly estimates of real GDP growth from the U.S. Bureau of Economic Analysis and consists of three components: cycle, trend, and irregular components.

This quarterly series is aggregated from the monthly version of the series (BBKMGDP (https://fred.stlouisfed.org/series/BBKMGDP)), 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 2025-03-31

Release Tables

Brave-Butters-Kelley Indexes

Related Data and Content

Data Suggestions Based On Your Search

Content Suggestions

Other Formats

Monthly, Seasonally Adjusted

Related Categories

GDP/GNP National Income & Product Accounts National Accounts

Releases

More Series from Brave-Butters-Kelley Indexes

Tags

Indiana University: Indiana Business Research Center Brave-Butters-Kelley Indexes Real Gross Domestic Product Quarterly Indexes Seasonally Adjusted Nation Public Domain: Citation Requested United States of America