Wednesday, December 22, 2021

CFNAI improves in November

November Chicago Fed National Activity Index: +0.37 vs. +0.75 prior (unrevised).

Production-related indicators slowed in November.

Three of the four broad categories of indicators used to construct the index made positive contributions in November, but all four categories deteriorated from October.

The index’s three-month moving average, CFNAI-MA3, moved up to +0.37 in November from +0.25 in October

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