The Chicago Fed National Activity Index jumped to 1.71 in March of 2021, the highest in 8 months, from a downwardly revised -1.2 in February. All four broad categories of indicators used to construct the index made positive contributions in March, and all four categories improved from February: production related indicators (0.63 vs -1.04); sales, orders and inventories (0.11 vs -0.06); personal consumption and housing (0.63 vs -0.21); employment, unemployment, and hours (0.34 vs 0.12). Also, the index’s three-month moving average increased to 0.54 from 0.07. source: Federal Reserve Bank of Chicago
Chicago Fed National Activity Index in the United States averaged 0 from 1967 until 2021, reaching an all time high of 5.95 in June of 2020 and a record low of -17.69 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 May of 2021.
Chicago Fed National Activity Index in the United States is expected to be 1.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Chicago Fed National Activity Index in the United States to stand at 0.50 in 12 months time. In the long-term, the United States Chicago Fed National Activity Index is projected to trend around -0.20 in 2022, according to our econometric models.