Chicago Fed National Activity Index down in August
Led by declines in production-related indicators, the Chicago Fed National Activity Index fell to –0.41 in August from +0.51 in July.
All four broad categories of indicators that make up the index decreased from July, and all four categories made negative contributions to the index in August.
The index’s three-month moving average ticked down to +0.01 in August from +0.02 in July. August’s CFNAI-MA3 suggests that growth in national economic activity was very close to its historical trend.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
