Chicago Fed National Activity "Suggests Economic Growth Increased Substantially in May"

From the Chicago Fed: Index Suggests Economic Growth Increased Substantially in May Led by improvements in production- and employment-related indicators, the Chicago Fed National Activity Index (CFNAI) rose to +2.61 in May from –17.89 in April. All four broad categories of indicators used to construct the index made positive contributions in May, and all four categories increased from April. The index's three-month moving average, CFNAI-MA3, moved up to –6.65 in May from –7.50 in April . 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 https://ift.tt/3hUsZme
via IFTTT