Chicago Fed national activity index rises in April

NEW YORK, May 24 (BestGrowthStock) – The Federal Reserve Bank of Chicago’s national
activity index:

Monthly index:

Apr 10 Mar 10 Feb 10 Jan 10 Dec 09 Nov 09 Apr 09
Current +0.29 +0.13 -0.52 +0.11 -0.46 +0.17 -2.12
Previous N/A -0.07 -0.44 -0.05 -0.45 +0.15 -2.12

Three-month moving average:

Apr 10 Mar 10 Feb 10 Jan 10 Dec 09 Nov 09 Apr 09
Current -0.03 -0.09 -0.29 -0.06 -0.38 -0.53 -2.65
Previous N/A -0.18 -0.31 -0.11 -0.40 -0.56 -2.65

The three-month moving average indicates there is some economic slack,
suggesting subdued inflationary pressure from economic activity over the coming
year, the Chicago Fed said.
Index subcategories:

Contribution to monthly index

in April 10 in March 10
Employment +0.23 +0.16
Consumption and housing -0.41 -0.35
Production and income: +0.41 +0.23
Sales, orders, inventory +0.06 +0.08

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.

Stock Research

(editing by New York Treasury Desk)

Chicago Fed national activity index rises in April