Survey Suggests Little Change in Growth in April
The Chicago Fed Survey of Economic Conditions (CFSEC) Activity Index decreased to –8 in April from –6 in March, suggesting that economic growth was near trend. The CFSEC Manufacturing Activity Index decreased to –16 in April from –6 in March, but the CFSEC Nonmanufacturing Activity Index increased to +2 in April from –6 in the previous month.
