Chicago Fed national activity index drops in June

CHICAGO, July 26 (BestGrowthStock) – The Federal Reserve Bank of Chicago’s national
activity index:

Monthly index:

Jun 10 May 10 Apr 10 Mar 10 Feb 10 Jan 10 Jun 09
Current -0.63 0.31 0.16 0.47 -0.52 0.02 -1.72
Previous N/A 0.21 0.25 0.38 -0.48 0.07 -1.84

Three-month moving average:

Jun 10 May 10 Apr 10 Mar 10 Feb 10 Jan 10 Jun 09
Current -0.05 0.31 0.04 -0.01 -0.31 -0.09 -2.11
Previous N/A 0.28 0.05 -0.01 -0.28 -0.06 -2.14

The three-month moving average indicates growth has returned very close to
its historical trend, and suggests subdued inflationary pressure for the coming
year, the Chicago Fed said.
Index subcategories:

Contribution to monthly index

in Jun 10 in May 10
Employment -0.13 0.08
Consumption and housing -0.43 -0.45
Production and income: -0.11 0.61
Sales, orders, inventory 0.05 0.06

NOTES:

Zero values in the index indicate a national economy expanding at
historical trends, while negative values indicate below-trend growth and
positive values signal growth above trend, the Chicago Fed said.

The 85 economic indicators that comprise the Chicago Fed’s index are drawn
from four categories: production and income; employment, unemployment and
hours; personal consumption and housing; and sales, orders and inventories.

The three-month moving average provides a more consistent picture of
national economic growth compared to the more volatile monthly index.

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Chicago Fed national activity index drops in June