Posted May 22, 2017

Chicago Fed National Activity Index rises in April

Led by improvements in production-related indicators, the Chicago Fed National Activity Index rose to +0.49 in April from +0.07 in March.

Two of the four broad categories of indicators that make up the index increased from March, and only one category made a negative contribution to the index in April. The index’s three-month moving average increased to +0.23 in April from a neutral reading in March.