The Chicago Fed National Activity Index rose to +0.18 in January 2026 from -0.21 in December, marking its highest level since February 2025 and signaling a pickup in US economic activity at the start of the year. Production-related indicators drove the improvement, contributing +0.19 compared with -0.03 previously, while employment indicators edged up to +0.01 from -0.11. The sales, orders, and inventories category remained slightly negative at -0.02, though improved from -0.04, and personal consumption and housing made a neutral contribution after subtracting -0.04 in December. source: Federal Reserve Bank of Chicago
Chicago Fed National Activity Index in the United States increased to 0.18 points in January from -0.21 points in December of 2025. Chicago Fed National Activity Index in the United States averaged 0.00 points from 1967 until 2026, reaching an all time high of 6.30 points in June of 2020 and a record low of -18.26 points in April of 2020. This page provides the latest reported value for - United States Chicago Fed National Activity Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Chicago Fed National Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.
Chicago Fed National Activity Index in the United States increased to 0.18 points in January from -0.21 points in December of 2025. Chicago Fed National Activity Index in the United States is expected to be 0.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Chicago Fed National Activity Index is projected to trend around 0.40 points in 2027, according to our econometric models.