Chicago Fed National Activity Index increased in December
The Chicago Fed National Activity Index (CFNAI) increased to +0.52 in December from +0.31 in November.
Three of the four broad categories of indicators used to construct the index made positive contributions in December, but three categories decreased from November.
The index’s three-month moving average ticked up to +0.61 in December from +0.59 in November.
Production-related indicators contributed +0.44 to the CFNAI in December, up from +0.13 in November. Industrial production rose 1.6 percent in December after increasing 0.5 percent in November. The contribution of the sales, orders, and inventories category to the CFNAI moved down to +0.05 in December from +0.09 in November.
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.
