Monday, January 22, 2018

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

From the Chicago Fed: Index Points to a Pickup in Economic Growth in December Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) moved up to +0.27 in December from +0.11 in November . Two of the four broad categories of indicators that make up the index increased from November, and three of the four categories made positive contributions to the index in December. T he index's three-month moving average, CFNAI-MA3, ticked down to +0.42 in December from +0.43 in November . emphasis added This graph shows the Chicago Fed National Activity Index......(read more)
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