Posted August 24, 2015
Chicago Fed National Activity Index picked in July
The Chicago Fed National Activity Index rose to +0.34 in July from –0.07 in June.
The index’s three-month moving average, CFNAI-MA3, edged up to a neutral reading in July from –0.08 in June. July’s CFNAI-MA3 suggests that growth in national economic activity was at its historical trend.