"Chicago Fed National Activity Index Suggests Economic Growth Decreased Substantially in March"

From the Chicago Fed: Chicago Fed National Activity Index Suggests Economic Growth Decreased Substantially in March Led by declines in production- and employment-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –4.19 in March from +0.06 in February. All four broad categories of indicators used to construct the index made negative contributions in March, and three of the four categories decreased from February. The index's three-month moving average, CFNAI-MA3, decreased to –1.47 in March from –0.20 in February. Following a period of economic expansion, an increasing ......(read more)

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