United States Chicago Fed National Activity Index
Chicago Fed National Activity Index in the United States increased to 0.53 in July from -0.01 in June of 2021. Chicago Fed National Activity Index in the United States averaged 0 from 1967 until 2021, reaching an all time high of 5.99 in June of 2020 and a record low of -17.74 in April of 2020. The Chicago Fed National Activity Index (CFNAI) is designed to gauge overall economic activity and related inflationary pressure. The CFNAI is based on a weighted average of 85 existing monthly indicators of national economic activity. It has an average value of zero and a standard deviation of one. Since economic activity tends toward trend growth rate over time, a positive reading corresponds to growth above trend and a negative reading corresponds to growth below trend. This page provides the latest reported value for - United States Chicago Fed National Activity Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
from Trading Economics https://tradingeconomics.com/united-states/chicago-fed-national-activity-index
Labels: United States