Monday, September 23, 2019

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

From the Chicago Fed: Index Points to a Pickup in Economic Growth in August Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) rose to +0.10 in August from –0.41 in July. All four broad categories of indicators that make up the index increased from July, but three of the four categories made negative contributions to the index in August. The index's three-month moving average, CFNAI-MA3, edged up to –0.06 in August from –0.14 in July. emphasis added This graph shows the Chicago Fed National Activity Index (three month moving average) since......(read more)
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