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Tuesday, June 25, 2024
HomeNewsEconomyChicago Fed National Activity Index (CFNAI) Unexpectedly Declines in April

Chicago Fed National Activity Index (CFNAI) Unexpectedly Declines in April

U.S. economy on an American flag background waving in the wind, in 3D rendering. (Photo: AdobeStock)
U.S. economy on an American flag background waving in the wind, in 3D rendering. (Photo: AdobeStock)
U.S. economy on an American flag background waving in the wind, in 3D rendering. (Photo: AdobeStock)

The Chicago Fed National Activity Index (CFNAI) unexpectedly declined to -0.45 in April from an upwardly revised +0.05 in March, missing the consensus forecast.


PriorRevisedConsensus ForecastForecast RangeActual
CFNAI-0.150.05-0.10-0.33 — -0.05-0.45
CFNAI 3M AVG-0.24-0.16-0.22

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