Chicago Fed National Activity Index increased in October
Led by improvements in production-related indicators, the Chicago Fed National Activity Index increased to +0.83 in October from +0.32 in September.
Three of the four broad categories of indicators used to construct the index made positive contributions in October, and three of the four categories increased from September. The index’s three-month moving average fell to +0.75 in October from +1.37 in September.
Production-related indicators contributed +0.36 to the CFNAI in October, up from –0.10 in September. Manufacturing production increased 1.0 percent in October after edging up 0.1 percent in September, and manufacturing capacity utilization increased by 0.7 percentage points in October after edging up by 0.1 percentage points in the previous month.
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.
