Federal Reserve Bank of Chicago
A New “Big Data” Index of U.S. Economic Activity
The authors present a new “big data” index of U.S. economic activity that can be used to track business and inflation cycles in real time and estimate monthly real gross domestic product growth.
Cite this item
Scott A. Brave & R. Andrew Butters & David Kelley, "A New “Big Data” Index of U.S. Economic Activity"
, Federal Reserve Bank of Chicago, Economic Perspectives, issue 1, pages 1-30, 2019.
Keywords: Chicago Fed National Activity Index (CFNAI); economic activity; gross domestic product (GDP)
This item with handle RePEc:fip:fedhep:00034
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