Posted March 21, 2022

Chicago Fed National Activity Index decreased slightly in February

The Chicago Fed National Activity Index moved down to +0.51 in February from +0.59 in January.

Three of the four broad categories of indicators used to construct the index made positive contributions in February, but two categories deteriorated from January. The index’s three-month moving average ticked down to +0.35 in February from +0.37 in January.

The CFNAI Diffusion Index, which is also a three-month moving average, edged up to +0.32 in February from +0.29 in January.

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