April 2019 Chicago Fed National Activity Index
Economic growth slowed in January 2019 according to the latest data from the Chicago Fed National Activity Index (CFNAI). This index of 85 components dipped to minus 0.43 from after hitting +0.05 in December 2018. Since this indicator moves quite a bit each month, Atlas pay attention to the three-month moving average; it fell to 0.0 (a reading which indicates moderate growth) from 0
After a strong uptick in February, the Chicago Fed National Activity Index took a bit of a breather in March 2018. This indicator, which looks at 85 components, decelerated to +0.10 versus +0.98. Adding to the tepid tone of the release, the three-month moving average slowed to +0.27 from +0.31 a month earlier.
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