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Posted June 22, 2020

Chicago Fed Index up substantially in May

The Chicago Fed National Activity Index rose to +2.61 in May from –17.89 in April.


All four broad categories of indicators used to construct the index made positive contributions in May, and all four categories increased from April. The index’s three-month moving average3, moved up to –6.65 in May from –7.50 in April.

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