June CFNAI misses estimates

June Chicago Fed National Activity Index: +0.12 vs. +0.18 expected, +0.16 prior (revised from +0.21)

Two of the four broad categories of indicators that make up the index made nonpositive contributions to the index in June.

Comments (1)
  • bbro
    , contributor
    Comments (11240) | Send Message
    3 month moving average is +.13....this number turned negative in late 2006 and was -.67 in December 2007 (back then later revised to -.47)
    21 Jul 2014, 08:54 AM Reply Like
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