Survey Suggests Little Change in Growth in February
The Chicago Fed Survey of Economic Conditions (CFSEC) Activity Index decreased to –10 in February from –8 in January, suggesting that economic growth was below trend. The CFSEC Manufacturing Activity Index decreased to a neutral value in February from +6 in January, and the CFSEC Nonmanufacturing Activity Index decreased to –13 in February from –9 in the previous month.
