The Chicago Fed National Activity Index declined to -0.19 in February 2023 from +0.23 in January. All four broad categories of indicators used to construct the index made negative contributions, and three categories deteriorated from January. Production-related indicators contributed -0.08, down from +0.15 in January; employment-related indicators contributed -0.02, down from +0.10; and the contribution of the personal consumption and housing category decreased to -0.08 from +0.10. On the other hand, the contribution of the sales, orders, and inventories moved up to -0.02 from -0.12 in the previous month. The three-month moving average improved to -0.13 in February from -0.27 in January. The CFNAI Diffusion Index, which is also a three-month moving average, moved up to +0.02 in February from -0.07 in January. source: Federal Reserve Bank of Chicago
Chicago Fed National Activity Index in the United States averaged 0.00 points from 1967 until 2023, reaching an all time high of 6.14 points in June of 2020 and a record low of -18.01 points in April of 2020. This page provides the latest reported value for - United States Chicago Fed National Activity Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Chicago Fed National Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Chicago Fed National Activity Index in the United States is expected to be -0.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.