Chicago Fed "Index Points to Growth near Historical Trend in July"

From the Chicago Fed: Index Points to Growth near Historical Trend in July The Chicago Fed National Activity Index (CFNAI) moved down to –0.01 in July from +0.16 in June . Three of the four broad categories of indicators that make up the index decreased from June, and three of the four categories made negative contributions to the index in July. The index's three-month moving average, CFNAI-MA3, moved down to –0.05 in July from +0.09 in June. emphasis added This graph shows the Chicago Fed National Activity Index (three month moving average) since 1967. Click on graph for larger image. This......(read more)

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