The Chicago Fed National Activity Index (CFNAI) decreased to +0.37 in November from +0.75 in October. Three of the four broad categories of indicators used to construct the index made positive contributions in November, but all four categories deteriorated from October, according to the Federal Reserve Bank of Chicago. The index’s three-month moving average, CFNAI-MA3, […]
Category: Chicago Fed National Activity Index
CFNAI Dips in September
The Chicago Fed National Activity Index (CFNAI) dipped to -0.13 in September from +0.05 in August. One of the four broad categories of indicators used to construct the index made a negative contribution in September, and one category deteriorated from August. The index’s three-month moving average, CFNAI-MA3, moved down to +0.25 in September from +0.38 […]
Chicago Fed National Activity Index Slows in August
The Chicago Fed National Activity Index (CFNAI) decreased to +0.29 in August from +0.75 in July. All four broad categories of indicators used to construct the index made positive contributions in August, but three categories deteriorated from July. The index’s three-month moving average, CFNAI-MA3, improved to +0.43 in August from +0.36 in July. The CFNAI […]