Measuring Monetary Policy Uncertainty: The Federal Reserve, January 1985-January 2016, Data Appendix, Accessible Version

Table 1. MPU Index at Monthly Frequency

MonthMP Uncertainty Index: US Historical - 3 Word (Fed)MP Uncertainty Index: US Historical - Proximity: 10 (Fed)
 1985m194.0999755987.47218323
 1985m277.96915436136.711731
 1985m391.60394287134.7715759
 1985m490.80643463201.7625885
 1985m587.2446136589.10259247
 1985m6111.985122780.14553833
 1985m7119.6113281182.2618408
 1985m878.57853699137.1764832
 1985m9139.6296844213.9096527
1985m10102.952049372.27806854
1985m1164.790748683.13265991
1985m1267.44419861123.0298615
 1986m177.16563416111.1278915
 1986m2120.0889664131.446228
 1986m393.1183395498.3540802
 1986m469.5029144379.96575165
 1986m5100.4021988143.2903137
 1986m677.0870132493.2252655
 1986m799.608337474.70623016
 1986m886.0633544968.45211792
 1986m993.98616791140.8561249
1986m1054.08717346123.7396545
1986m1194.6438751289.42823029
1986m1247.0266532918.59994888
 1987m178.04209137107.3263321
 1987m2134.422729597.79354095
 1987m360.79419708143.2270508
 1987m463.1186332745.39387131
 1987m5103.540336681.40470123
 1987m6153.8844757176.319809
 1987m757.1371383757.17610168
 1987m852.2977790817.96614075
 1987m964.5442199715.55052471
1987m10184.7977905152.3628387
1987m11128.96893310
1987m12145.1946716128.4937744
 1988m173.5712432956.57990265
 1988m2118.3179855156.8811798
 1988m361.9887924219.35912895
 1988m492.69171906105.2131577
 1988m573.47303772124.7414474
 1988m639.0784606933.16541672
 1988m745.6082916339.93911362
 1988m868.8975830198.01547241
 1988m998.2366867140.7998848
1988m1073.2319641150.34612274
1988m11100.058624328.31633759
1988m1248.4992103640.09305573
 1989m155.6168518142.85858536
 1989m291.07178497194.266037
 1989m340.9962272646.74758148
 1989m460.9163436925.00692368
 1989m582.933242873.32135773
 1989m681.98353577112.4514847
 1989m763.4686584570.78240967
 1989m876.9319076536.24528885
 1989m998.5330352813.40950966
1989m1072.608871460
1989m1184.9076385572.4421463
1989m1247.4629249690.10927582
 1990m181.2574768122.02991104
 1990m2124.475082492.82836914
 1990m375.4619445813.12420082
 1990m428.7763042418.14227867
 1990m574.7037887673.84502411
 1990m640.2868232714.45712757
 1990m780.8224334791.58312225
 1990m8167.174713183.45204926
 1990m9120.3652039125.4665527
1990m10134.530410836.33174515
1990m11145.41403292.95336151
1990m1272.762840270
 1991m1168.778030458.09914398
 1991m2119.284835882.09177399
 1991m390.6728591919.31000328
 1991m498.62264252185.5569611
 1991m548.4731674238.28719711
 1991m683.3268432626.94707298
 1991m726.9497108515.17755795
 1991m860.6619110152.10246277
 1991m954.7753028930.76655769
1991m1098.42005157129.1029358
1991m1185.0774917685.47971344
1991m1255.5397415223.12640572
 1992m1110.847457971.21180725
 1992m2147.0289154137.8023682
 1992m351.4221839919.16358376
 1992m479.0738830627.48285675
 1992m560.5693435714.80410004
 1992m6115.5268631146.5061951
 1992m7132.2088013164.8001556
 1992m8166.123016435.19256973
 1992m9176.3246765180.6675568
1992m10225.7444916164.4336853
1992m1199.2021179240.81081009
1992m1223.406473160
 1993m172.2306976349.43507385
 1993m260.681655880
 1993m364.335548489.03471375
 1993m473.173614566.41331482
 1993m598.3224334787.33003998
 1993m694.9693374675.66763306
 1993m7126.8272629145.0440826
 1993m8124.563575755.16644287
 1993m9133.75642466.08972931
1993m1012.800767916.09141159
1993m1177.9494018657.42821503
1993m1238.84577560
 1994m176.2601242135.58678055
 1994m2103.6671906182.6049347
 1994m3169.4456482364.2564697
 1994m4138.7560272225.5425568
 1994m5150.7546539258.5377197
 1994m6117.415733352.49680328
 1994m7148.7876434282.0372314
 1994m8141.5556641200.778717
 1994m9109.0817947164.5189209
1994m10114.679107763.35378647
1994m11138.6155701225.3528595
1994m12100.1480637109.9566498
 1995m1124.4468842148.1062317
 1995m296.91196442137.1683197
 1995m383.21878815143.5811157
 1995m478.404899654.13056183
 1995m579.3133773874.46588135
 1995m6142.0334167207.7918701
 1995m7111.3138351190.1267548
 1995m873.9086074826.49435425
 1995m9119.7218094120.8775711
1995m10108.579795872.59949493
1995m1197.14868164129.1260376
1995m12133.2656555176.7822571
 1996m1119.2985916134.92659
 1996m258.4397201537.01024628
 1996m396.8834533786.44528961
 1996m442.5919113267.86676025
 1996m562.0680084244.05982208
 1996m6141.9221191303.6000977
 1996m7169.5167999222.2935791
 1996m887.5997085676.35062408
 1996m9184.4216003225.6640015
1996m1080.40971375121.5329361
1996m1168.69400024139.9392548
1996m1281.3711700451.8017807
 1997m184.47519684134.5469208
 1997m278.9905929681.90372467
 1997m392.25476837104.2870026
 1997m480.39238739121.6482468
 1997m5116.8209457254.9554901
 1997m652.3531379711.08091259
 1997m769.3620071477.82841492
 1997m854.5040206926.69008255
 1997m943.455429080
1997m10104.949745299.51586151
1997m1179.3184585622.5672226
1997m12115.722892883.8236084
 1998m1116.781974852.86607742
 1998m2156.8073273107.2918854
 1998m368.0286407580.22109985
 1998m475.85594177107.8758011
 1998m5122.7857437127.9774246
 1998m673.1315689143.92562103
 1998m775.9004821817.96614075
 1998m8169.084899976.90729523
 1998m9166.5333862115.0294724
1998m10114.06966415.95269299
1998m11180.9850616288.9761963
1998m1240.8661537225.9889679
 1999m1136.568954543.61367416
 1999m2103.145439156.86847687
 1999m362.2991828916.89965439
 1999m463.8709564285.19424438
 1999m594.9260025136.7116089
 1999m6117.1903076240.6376801
 1999m7117.1649551132.2976837
 1999m881.99524689106.1233292
 1999m998.54668427132.8697357
1999m10106.9773254209.9198303
1999m11104.8789291154.5496368
1999m1287.60253143153.578476
 2000m174.633979898.40431213
 2000m237.2449150149.12864304
 2000m3118.918335102.6013565
 2000m479.1355133187.46630096
 2000m5156.5835419240.6995087
 2000m6118.9740143177.9511566
 2000m773.6888656646.93058395
 2000m859.0089836165.78913879
 2000m958.7539672921.27025604
2000m10134.557693530.11420441
2000m11229.5306702207.8113556
2000m12158.244033858.93441391
 2001m1144.157028260.42639542
 2001m2128.2141418132.1372375
 2001m3131.8850403114.0214539
 2001m4124.0447998128.992981
 2001m5125.0739212133.3157043
 2001m685.6722335872.92668152
 2001m7107.906044112.9906311
 2001m8113.674499583.29471588
 2001m9242.129089460.92861557
2001m10248.4185486172.6499939
2001m11157.7805481220.7461243
2001m12122.0345154166.0582123
 2002m1123.639030581.62140656
 2002m236.459373470
 2002m3110.1200485155.3626709
 2002m4116.058509852.27436066
 2002m557.8753395198.13076019
 2002m6138.3917694108.791893
 2002m772.6322631812.17442417
 2002m8160.5315094208.5398254
 2002m9151.185531672.78457642
2002m10163.3027039202.3171234
2002m11222.5951538130.2098541
2002m12138.650116131.531723
 2003m1222.3591003106.689827
 2003m2181.7960052162.8336945
 2003m3335.7753906397.1473694
 2003m4183.5825195107.8143463
 2003m5146.5165140.36584091
 2003m683.6270217973.95562744
 2003m731.220834730
 2003m8113.399765133.7268219
 2003m932.3433685337.51038742
2003m1019.9939346311.63844204
2003m1120.866634370
2003m1291.1277084496.85574341
 2004m152.4899787925.9889679
 2004m268.8092193694.73577118
 2004m382.7412338387.12527466
 2004m498.29998779130.6220703
 2004m5138.7159424183.7958069
 2004m6142.3564911160.6868134
 2004m7120.906105157.960434
 2004m8107.633247442.96022034
 2004m989.694740344.59065628
2004m10207.2666016183.7994843
2004m11114.490814255.46369171
2004m1251.1609764152.9152832
 2005m1104.488327166.816452
 2005m238.6813964878.11607361
 2005m344.2029800453.01895905
 2005m4120.497039854.69019318
 2005m598.74533844152.2275391
 2005m649.2351112423.7149353
 2005m776.5429153485.98361206
 2005m871.6203002963.3386879
 2005m9180.9044037238.4372559
2005m10128.5693665119.5070953
2005m1180.65927887111.1722031
2005m1298.6722946242.42074966
 2006m1140.3578491226.5244751
 2006m273.44423676117.7741241
 2006m385.70701599133.8850708
 2006m497.4716491784.2375412
 2006m5149.613678398.1795044
 2006m6123.1964493328.2230225
 2006m7178.3309784362.9456482
 2006m8173.0207672255.2962341
 2006m945.4606590323.5234623
2006m1084.03149414105.6862335
2006m1146.5573196466.84044647
2006m1272.5815124553.9907341
 2007m185.16455841188.4112244
 2007m243.2713813866.54503632
 2007m398.87826538201.4447784
 2007m4114.5288162220.4951782
 2007m583.9409179735.50645065
 2007m646.3365135243.903965
 2007m730.8463592521.0285511
 2007m8135.089111364.0546875
 2007m9135.3849792128.3280792
2007m10132.1457367230.7964478
2007m11184.8259583141.8135834
2007m12149.643188562.18386841
 2008m1143.447113118.6519699
 2008m287.1333007817.45766258
 2008m386.5015640347.04780579
 2008m455.054920257.24150848
 2008m587.13238525134.8852386
 2008m671.7245864932.14289474
 2008m774.3043899569.76325989
 2008m8121.098129372.74532318
 2008m995.980636629.44327736
2008m1099.8532638537.82924652
2008m1145.5296630912.17442417
2008m1243.8549003633.72279739
 2009m144.098613746.656519413
 2009m250.630035429.22165298
 2009m347.241855628.411419868
 2009m469.4215164212.41954613
 2009m566.348190316.008156776
 2009m637.1009864839.64806366
 2009m756.7971534741.84683228
 2009m866.4300689719.89798355
 2009m926.1945648254.55883026
2009m1037.725006164.11787415
2009m11105.771469138.41644669
2009m1260.59872055132.4853516
 2010m190.88556671170.8162842
 2010m296.72988892115.9621277
 2010m373.81363678112.0086136
 2010m455.3338737543.10906601
 2010m573.4998092723.32578659
 2010m6100.989685116.37621498
 2010m7121.322242774.06143951
 2010m8166.4237976187.71698
 2010m9151.351486295.40611267
2010m10135.1559143172.985733
2010m11107.0491791143.1400452
2010m12102.074813899.65139771
 2011m158.5629882843.60982895
 2011m268.0771789633.84542084
 2011m375.3352432341.47137451
 2011m483.7406311151.9145966
 2011m563.8825454742.08097839
 2011m639.1483879133.27938461
 2011m7102.293273949.00527573
 2011m8102.9403839101.2481308
 2011m9166.274490459.27537918
2011m10115.639106897.49232483
2011m1185.2160110555.26292801
2011m1259.3498992934.94548416
 2012m193.4515228362.88148499
 2012m2117.768676871.98483276
 2012m355.577156077.615276814
 2012m450.3893470866.18121338
 2012m571.7481231722.43045235
 2012m6136.0929108191.0424652
 2012m7104.633140682.14107513
 2012m865.9246826274.76457977
 2012m9103.815490776.98005676
2012m10126.706283627.65685463
2012m1176.9563293580.38677979
2012m12139.016250627.89717293
 2013m1112.691406369.86734009
 2013m269.997444159.638085365
 2013m371.1363449149.32993317
 2013m455.9221534754.34251785
 2013m557.84129333118.4808197
 2013m6175.1644287189.7169189
 2013m775.78644562133.0443726
 2013m895.6740799180.3889465
 2013m9133.4528351283.4291382
2013m10180.99263245.2519684
2013m1183.77970123147.7989349
2013m1281.6734314114.2654037
 2014m1112.5098801182.0867157
 2014m2104.316741921.94283295
 2014m398.6007461598.96744537
 2014m465.2238082993.24659729
 2014m5117.0748215117.9168549
 2014m674.99399567169.9706116
 2014m7112.7938614200.9082642
 2014m8124.4088974174.7098389
 2014m982.8857193146.1494751
2014m1089.7458953998.06236267
2014m1142.306945853.12475967
2014m1255.1841621415.7490406
 2015m1170.60023592.26967621
 2015m2145.9954224121.3671188
 2015m3152.1224518173.1846771
 2015m4109.058212396.01715088
 2015m5105.062118585.38088226
 2015m6116.1104202232.4441681
 2015m7149.7572479135.5599823
 2015m8224.7082062170.2416992
 2015m9279.515564525.0549927
2015m10201.7488098271.5397949
2015m1192.0955734388.91236877
2015m12121.2755814156.5727692
 2016m1190.110488999.06286621

Table 2. MPU Index at the FOMC Meeting Frequency

DateMP Uncertainty Index: US Historical - 3 Word (Fed)MP Uncertainty Index: US Historical - Proximity: 10 (Fed)
13feb198589.12755585127.2958527
26mar198588.05879974116.0126724
21may198589.25257874143.8583832
10jul1985105.5241547108.1371689
20aug198580.59822083126.0363693
01oct1985132.4107819208.7343445
05nov198594.631851281.66604614
17dec198559.3904914974.15665436
12feb198685.48020935119.4051743
01apr198697.86070251103.5719299
20may198680.75553131113.2071457
09jul198674.8538970972.47727966
19aug198690.3814773673.71421051
23sep1986106.0360031124.2405853
05nov198660.02924347120.4261551
16dec198687.7938079877.27139282
11feb198776.6882553174.8311615
31mar198783.994133117.6678543
19may198765.318313654.46077728
07jul1987153.8017578167.4552002
18aug198748.6672477715.45548153
22sep198744.3104515113.60072231
03nov1987168.8758392126.664238
16dec1987136.427139369.58214569
10feb198882.6564178554.19779587
29mar198897.37690735104.1604233
17may198890.49498749113.280899
30jun198843.9463462862.02248383
16aug198867.3399276795.1530304
20sep198859.9294776932.1989212
01nov198878.1251220737.31805038
14dec198883.620094338.86828232
08feb198958.1622848541.01411438
28mar198964.00996399137.4560852
16may198950.5955047619.85808945
06jul198990.34958649111.8097687
22aug198956.2336578448.14891052
03oct1989103.617675819.735672
14nov198972.9762420714.50743771
19dec198959.82527542104.3235245
07feb199078.8030242932.97144699
27mar199095.6677246151.17928696
15may199049.6588363625.72747421
03jul199061.752544453.64326096
21aug1990107.337242193.51072693
02oct1990141.5772247110.0465088
13nov1990122.008087233.59864807
18dec1990107.52933557.47789764
06feb1991137.411270155.51731491
26mar1991101.722740242.97135162
14may199175.70352936127.1106415
03jul199171.08290128.54841232
20aug199135.7787895245.42580414
01oct199159.2383422923.30879021
05nov199192.80001068113.7118454
17dec199181.9203796472.95533752
05feb199298.2591323976.911026
31mar199288.1037902858.28022003
19may199263.2795677214.42728519
01jul1992102.6568527111.2202606
18aug1992120.1067886112.7659149
06oct1992222.3132019157.072464
17nov1992154.7874298111.4025726
22dec199247.3479499832.13600922
03feb199365.7479400638.46349335
23mar199357.7580795333.57632446
18may199388.5569992174.4693985
07jul199383.000961370.63446808
17aug1993136.6734161141.0641327
21sep1993105.276252733.91348648
16nov199375.1908645643.90301132
21dec199342.5982513415.5436821
04feb199481.4628524854.51014709
22mar1994101.1209793198.1210327
17may1994158.6941833294.2454224
06jul1994145.5625458159.6338959
16aug1994134.8050079246.0541382
27sep199496.85823822118.6506653
15nov1994137.3475189169.8527222
20dec1994111.5529022163.4508972
01feb1995113.1990738112.805069
28mar199589.27497101146.0745087
23may199580.0743637169.17215729
06jul1995144.7588348234.5460205
22aug199560.9560356152.20457458
26sep1995106.108863886.30518341
15nov1995114.6634903104.752037
19dec1995103.559166182.8189392
31jan1996122.6398087110.1331787
26mar199672.9574127247.94384003
21may199644.1754112279.82942963
03jul1996135.4741364239.0760651
20aug1996118.7825851136.6804657
24sep1996182.8580322211.7798615
13nov199684.50086975103.9227371
17dec199696.94522858116.0655212
05feb199775.87111664122.3540039
25mar199776.3222885187.87010956
20may199795.79371643148.3218231
02jul199774.4137954793.4107132
19aug199766.9923095764.95134735
30sep199746.714439396.330517769
12nov1997106.118530389.3571167
16dec199794.0337600718.92274475
04feb199899.9765930265.70748901
31mar1998120.7905045101.9918442
19may199894.2759780995.6842804
01jul199879.7701950182.35276794
18aug199890.994964612.17407227
29sep1998182.1558533132.0776062
17nov1998132.6439362111.7042923
22dec1998168.4197845155.5668945
03feb1999130.888885573.7424469
30mar199979.2260513322.20526123
18may199958.7738151694.89629364
30jun1999119.399292208.5509949
24aug1999104.1777649113.307991
05oct199994.95478058142.3059692
16nov199997.06593323190.4278107
21dec199978.4068450994.60673523
02feb200079.40120697131.724762
21mar200069.8004379324.86989021
16may200096.9401474146.006073
28jun2000143.4653168232.2698669
22aug200070.9623107964.76844025
03oct200056.306297312.04769897
15nov2000162.420501758.06984711
19dec2000214.5724487137.3643036
31jan2001126.355438255.07003021
20mar2001120.8532104136.4898376
15may2001127.7333298114.1951218
27jun200194.5260696478.4380722
21aug2001104.483894392.50669861
02oct2001219.553817777.92892456
06nov2001215.5600128182.2886047
11dec2001143.9217987177.2239685
30jan2002114.8841171129.8205261
19mar200253.459457427.02996826
07may2002144.7164154134.6595459
26jun2002160.3800049227.9848633
13aug2002114.090805167.43746185
24sep2002127.6780624131.2051239
06nov2002189.2219238195.0940704
10dec2002186.638519376.16429138
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