Monday, April 23, 2018

Chicago Fed "Index points to a moderation in economic growth in March"

From the Chicago Fed: Index points to a moderation in economic growth in March Led by slower growth in production- and employment-related indicators, the Chicago Fed National Activity Index (CFNAI) declined to +0.10 in March from +0.98 in February. Three of the four broad categories of indicators that make up the index decreased from February, but two of the four categories made positive contributions to the index in March. The index's three-month moving average, CFNAI-MA3, decreased to +0.27 in March from +0.31 in February. emphasis added This graph shows the Chicago Fed National Activity......(read more)
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