Posted April 22, 2021

Chicago Fed National Activity Index rebounded in March

Led by improvements in indicators related to production and personal consumption
and housing, the Chicago Fed National Activity Index rose to +1.71 in March from –1.20 in February.

The CFNAI Diffusion Index, which is also a three-month moving average, moved up to
+0.40 in March from +0.22 in February. Seventy of the 85 individual indicators made positive
contributions to the CFNAI in March, while 15 made negative contributions.

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