The Chicago Fed National Activity Index went down to an eight-month low of +0.01 in May of 2022 from a +0.40 in the previous month. Production-related indicators contributed -0.01, down from +0.29 in April, while the contribution of the personal consumption and housing category fell to -0.11 from 0.10. Meanwhile, employment-related indicators contributed +0.08, down from +0.07, while the contribution of the sales, orders and inventories category moved up to +0.05 in May from -0.07. The index’s three-month moving average, CFNAI-MA3, decreased to +0.27 in May from +0.39 in April. source: Federal Reserve Bank of Chicago

Chicago Fed National Activity Index in the United States averaged 0 points from 1967 until 2022, reaching an all time high of 5.97 points in June of 2020 and a record low of -17.89 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 June of 2022.

Chicago Fed National Activity Index in the United States is expected to be 0.30 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 -0.20 points in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
United States Chicago Fed National Activity Index



Calendar GMT Actual Previous Consensus TEForecast
2022-05-23 12:30 PM Apr 0.47 0.36 0.35
2022-06-21 12:30 PM May 0.01 0.4 0.32
2022-07-25 12:30 PM Jun 0.01


Related Last Previous Unit Reference
Chicago Fed National Activity Index 0.01 0.40 points May 2022

United States Chicago Fed National Activity Index
The Chicago Fed National Activity Index (CFNAI) is designed to gauge overall economic activity and related inflationary pressure. The CFNAI is based on a weighted average of 85 existing monthly indicators of national economic activity. It has an average value of zero and a standard deviation of one. Since economic activity tends toward trend growth rate over time, a positive reading corresponds to growth above trend and a negative reading corresponds to growth below trend.
Actual Previous Highest Lowest Dates Unit Frequency
0.01 0.40 5.97 -17.89 1967 - 2022 points Monthly
NSA

News Stream
Chicago Fed National Activity Index at 8-Month Low
The Chicago Fed National Activity Index went down to an eight-month low of +0.01 in May of 2022 from a +0.40 in the previous month. Production-related indicators contributed -0.01, down from +0.29 in April, while the contribution of the personal consumption and housing category fell to -0.11 from 0.10. Meanwhile, employment-related indicators contributed +0.08, down from +0.07, while the contribution of the sales, orders and inventories category moved up to +0.05 in May from -0.07. The index’s three-month moving average, CFNAI-MA3, decreased to +0.27 in May from +0.39 in April.
2022-06-21
Chicago Fed National Activity Index Rebounds in April
Chicago Fed National Activity Index in the United States increased to 0.47 points in April from a 3-month low of 0.36 points in March of 2022. Production-related indicators contributed +0.26, up slightly from +0.20 in March; the contribution of the sales, orders, and inventories category rebounded to +0.04 from -0.01; and the contribution of the personal consumption and housing category moved up to +0.08 from +0.01. On the other hand, employment-related indicators contributed +0.10, down from +0.17 in March. The index’s three-month moving average ticked down to +0.48 in April from +0.49.
2022-05-23
Chicago Fed National Activity Index at 3-Month Low
The Chicago Fed National Activity Index went down to 0.44 in March of 2022 from a downwardly revised 0.54 in February, the lowest in 3 months. Production-related indicators contributed +0.27, down slightly from +0.30 in February, and employment-related indicators contributed +0.16, down from +0.31. Meanwhile, the contribution of the personal consumption and housing category was unchanged at -0.04 while the contribution of the sales, orders, and inventories category moved up to +0.06 in March from -0.03. The index’s three-month moving average, CFNAI-MA3, increased to +0.57 in March from +0.43 in February.
2022-04-25