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Posted May 22, 2014

Economic growth moderated in April

Led by declines in production-related indicators, the Chicago Fed National Activity Index decreased to -0.32 in April from +0.34 in March.


Two of the four broad categories of indicators that make up the index made negative contributions to the index in April, and two of the four categories decreased from March.

The index’s three-month moving average increased to +0.19 in April from +0.04
in March, marking its second consecutive reading above zero and its highest value since
November 2013. Click for more.

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