Posted December 21, 2020

Chicago Fed: Slower, slightly above-average growth in November

Led by slower growth in employment- and production-related indicators, the Chicago Fed National Activity Index declined to +0.27 in November from +1.01 in October.

Three of the four broad categories of indicators used to construct the index made positive contributions in November, but all four categories decreased from October. The index’s three-month moving average decreased to +0.56 in November from +0.85 in October.

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