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Chicago Fed National Activity Index: Three-Month Moving Average

The CFNAI is a weighted average of 85 indicators of national economic activity. It is constructed to have an average value of zero. A zero value indicates that the economy is expanding at its historical trend rate of growth. Negative values mean the economy is experiencing below-trend growth and positive values indicate growth above the historical trend. For more information, please visit the Federal Reserve Bank of Chicago's website at www.chicagofed.org.


Source: Chicago Federal Reserve Bank

The CFNAI-MA3 increased in April to 0.25. Current Est.
0.25		 Previous Month
0.24

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