Index Points to Economic Growth Near Historical Trend in September
The Chicago Fed National Activity Index (CFNAI) increased to +0.02 in September from –0.22 in August. All four broad categories of indicators used to construct the index increased from August, and two categories made positive contributions in September. The index’s three-month moving average, CFNAI-MA3, moved up to a neutral value in September from –0.14 in August.
