Chicago Fed "Index Points to Slower Economic Growth in April"

From the Chicago Fed: Index Points to Slower Economic Growth in April Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –0.45 in April from +0.05 in March . Three of the four broad categories of indicators that make up the index decreased from March, and two of the four categories made negative contributions to the index in April. The index's three-month moving average, CFNAI-MA3, moved down to –0.32 in April from –0.24 in March . emphasis added This graph shows the Chicago Fed National Activity Index (three month moving average) since......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://bit.ly/2VBUkNi
via IFTTT