Chicago Fed National Activity Index improves from 0.31 to 0.52 in December

  • The Chicago Fed National Activity Index rose modestly in December.
  • The US Dollar DXY Index is extending sideways within a daily range above 90.00.

The Federal Reserve Bank of Chicago’s National Activity Index (CFNAI) rose from 0.31 (revised from 0.27) in November to 0.52 in December.

“He CFNAI diffusion index, which is also a three-month moving average, dropped to +0.54 in December from +0.55 in November“reads the post.”Forty-five indicators improved from November to December, while 40 deteriorated. Of the indicators that improved, seven made negative contributions. “

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