Summary

• The Chicago Fed National Activity Index (CFNAI) fell to -0.20 in March from +0.03 in February.
• Three of the four broad categories of indicators used to construct the index decreased from March, and three categories made negative contributions.
• The index's three-month moving average, CFNAI-MA3, dropped to -0.03 in March from +0.03 in February.

By Jennifer Nash

The Chicago Fed's National Activity Index is a monthly indicator designed to gauge overall economic activity and related inflationary pressure. It is a composite of 85 monthly indicators across four broad categories.

6.63K Followers