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United States Chicago Fed National Activity Index

Chicago Fed National Activity Index in the United States decreased to 0.29 in August from 0.75 in July 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 .. United States Chicago Fed National Activity Index

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