CFNAI

Output accelerated during December 2017 according to data from the Chicago Federal Reserve National Activity Index (CFNAI).  This comprehensive indicator rose to +0.27 from the downwardly revised count of +0.11 (originally +0.15).  Additionally, the three-month moving average held relatively steady at +0.42 versus +0.43 in November, suggesting the economic expansion is not overheated.

America’s economy maintained its recent strength in November 2017 according to the latest headline data from the Chicago Fed National Activity Index (CFNAI).  This uptick of 0.15 followed an upwardly revised tally of 0.76 in October (originally 0.65).  It may appear that there was a substantial deceleration in the penultimate month, but activity related to hurricane recovery eff

Economic activity continued advancing in October 2017 according to the Chicago Fed National Activity Index (CFNAI).  This indicator, which represents a comprehensive look at the economy, increased to +0.65 after an upwardly revised advance of +0.36 in September (originally 0.17).  For some context, October’s reading is the highest level of the current expansion!  Additional

Economic output improved in September according to the Chicago Fed National Activity Index.  Results from this comprehensive study of the economy jumped to 0.17 from the downwardly revised count of minus 0.37 (originally minus 0.31) in August.  Despite the monthly turnaround, the three-month moving average stayed below zero and matched the prior period’s revised tally of minus 0

Economic output moved roughly in-line with its historical trend in July according to data from the Chicago Fed National Activity Index (CFNAI). This comprehensive gauge of the economy declined to -0.01 as the second half of 2017 got underway, down from +0.16 in June.

Economic output improved in June 2017 according to data from the Chicago Federal Reserve’s National Activity Index (CFNAI).  The monthly tally reversed some of May’s downward slide of -0.3 percent by increasing +0.13 percent as the year reached the half-way point.  Rising to +0.06, the three-month moving average for this comprehensive look at the economy suggests America&r