Chicago Fed "Index points to slower economic growth in July"

From the Chicago Fed: Index points to slower economic growth in July Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –0.36 in July from +0.03 in June. All four broad categories of indicators that make up the index decreased from June, and all four categories made negative contributions to the index in July. The index's three-month moving average, CFNAI-MA3, moved up to –0.14 in July from –0.30 in June. emphasis added This graph shows the Chicago Fed National Activity Index (three month moving average) since 1967. Click on graph for......(read more)

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