Chicago Fed "Index Points to Little Change in Economic Growth in January"

From the Chicago Fed: Index Points to Little Change in Economic Growth in January The Chicago Fed National Activity Index (CFNAI) ticked down to +0.12 in January from +0.14 in December. emphasis added This graph shows the Chicago Fed National Activity Index (three month moving average) since 1967. Click on graph for larger image. This suggests economic activity was above the historical trend in January (using the three-month average). According to the Chicago Fed: The index is a weighted average of 85 indicators of growth in national economic activity drawn from four broad categories of data: ......(read more)

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