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.