The Chicago Fed National Activity Index was –1.08 in October, down very slightly from –1.01 in September. The index’s three-month moving average, CFNAI-MA3, decreased to –0.91 in October from –0.67 in September, declining for the first time in 2009. October’s CFNAI-MA3 suggests that growth in national economic activity remained below its historical trend.
By editor Nov 23, 2009, 9:12 AM
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