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HomeNewsEconomyChicago Fed National Activity Index (CFNAI) Indicates Growth in March

Chicago Fed National Activity Index (CFNAI) Indicates Growth in March

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The Chicago Fed National Activity Index (CFNAI) came in at -0.15 for March, up from the downwardly revised -0.31 in April. The improvement was led largely by employment indicators.

3-Month Moving Average-0.18-0.18-0.24

Released on 4/22/2019 8:30 AM EST for March, 2019

The index’s three-month moving average, CFNAI-MA3, ticked down to –0.24 in March from –0.18 in February. The CFNAI Diffusion Index, which is also a three-month moving average, decreased to –0.18 in March from –0.08 in February.

Thirty-seven (37) of the 85 individual indicators made positive contributions to the CFNAI in March, while 47 made negative contributions and one made a neutral contribution.

Forty-eight (48) indicators improved from February to March, while 37 indicators worsened. Of the indicators that improved, 23 made negative contributions.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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