Monday, March 21, 2016

Chicago Fed: "Index shows economic growth slowed in February"

The Chicago Fed released the national activity index (a composite index of other indicators): Index shows economic growth slowed in February Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –0.29 in February from +0.41 in January. All four broad categories of indicators that make up the index decreased from January, and three of the four categories made negative contributions to the index in February. The index's three-month moving average, CFNAI-MA3, edged up to –0.07 in February from –0.12 in January . February's CFNAI-MA3 suggests......(read more)
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