Chicago Fed national activity index falls in Sept

CHICAGO, Oct 25 (BestGrowthStock) – The Federal Reserve Bank of Chicago’s national
activity index:

Monthly index:

Sept 10 Aug 10 July 10 Jun 10 May 10 Apr 10 Sept 09
Current -0.58 -0.49 0.09 -0.57 -0.03 0.42 -0.65
Previous N/A -0.53 -0.11 -0.63 -0.06 0.36 -0.65
Three-month moving average:

Sept 10 Aug 10 July 10 Jun 10 May 10 Apr 10 Sept 09
Current -0.33 -0.32 -0.17 -0.06 0.30 0.11 -0.44
Previous N/A -0.42 -0.27 -0.11 0.27 0.09 -0.44

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

Contribution to monthly index

in Sept 10 in Aug 10
Employment -0.05 -0.06
Consumption and housing -0.39 -0.40
Production and income: -0.17 -0.02
Sales, orders, inventory 0.05 -0.01

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.

Chicago Fed national activity index falls in Sept