Slight decrease in economic growth in March
The Chicago Fed National Activity Index moved down to +0.44 in March from +0.54 in February.
Three of the four broad categories of indicators used to construct the index made positive contributions in March, but two categories deteriorated from February.
The index’s three-month moving average increased to +0.57 in March from +0.43 in February.
The CFNAI Diffusion Index, which is also a three-month moving average, moved up to +0.45 in March from +0.31 in February. Fifty-nine of the 85 individual indicators made positive contributions to the CFNAI in March, while 26 made negative contributions.
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.
