December 2017 Chicago Fed National Activity Index
Submitted by Atlas Indicators Investment Advisors on January 24th, 2018Output 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.