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Click Here To View The Full Chicago Fed Report.pdf

Fed-Prime-Rate-Chicago-Fed-National-Activity-Index-CFNAI-April-2019.pdf
Preview of Click here to view the full Chicago Fed report
🔗 Source: fedprimerate.com
📊 Size: 179 KB
👤 Author: Federal Reserve Bank of Chicago
⬇️ Downloads: 31

Summary

The Chicago Fed National Activity Index (CFNAI) is a weighted average of 85 indicators of national economic activity, drawn from four categories: production and income, employment and hours, personal consumption and housing, and sales and inventories. The index has three values: a monthly index, a three-month moving average (CFNAI-MA3), and a diffusion index. A zero value for the monthly index indicates the economy is growing at its historical trend rate, while negative values indicate below-average growth and positive values indicate above-average growth. In April, the CFNAI fell to -0.45 from +0.05 in March, with the CFNAI-MA3 moving down to -0.32 and the CFNAI Diffusion Index decreasing to -0.22. The decline was led by production-related indicators, with industrial production decreasing 0.5% in April.

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Description

The Chicago Fed National Activity Index (CFNAI) is a weighted average of 85 indicators of national economic activity, drawn from four categories: production...

Technical Information

  • File Format: PDF
  • File Size: 179 KB
  • Pages: 2
  • Language: EN
  • Author: Federal Reserve Bank of Chicago
  • Total Downloads: 31
  • Last Updated: 2 months ago

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