Tuesday, November 21, 2017

Chicago Fed "Index Points to a Pickup in Economic Growth in October"

From the Chicago Fed: Index Points to a Pickup in Economic Growth in October Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) rose to +0.65 in October from +0.36 in September. One of the four broad categories of indicators that make up the index increased from September, but three of the four categories made positive contributions to the index in October. The index's three-month moving average, CFNAI-MA3, increased to +0.28 in October from +0.01 in September. emphasis added This graph shows the Chicago Fed National Activity Index (three......(read more)
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