2017 Economic Calendar
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Chicago Fed National Activity Index  
Released On 7/27/2017 8:30:00 AM For Jun, 2017
PriorConsensusConsensus Range
Level-0.26 0.10 -0.50  to 0.13 
3 Month Moving Average0.04 

Recent History Of This Indicator
June was a strong month for payroll growth but a mixed one for retail sales and manufacturing. The housing component of the national activity index is certain to get a lift from the month's strong permit and starts results. Forecasters are calling for a slightly positive index in June, at 0.10 vs May's minus 0.26.

Definition
The Chicago Fed National Activity Index (CFNAI) is a monthly index that tracks overall economic activity and inflationary pressures. The CFNAI is a weighted average of 85 existing monthly indicators of national economic activity. It is constructed to have an average value of zero and a standard deviation of one. Since economic activity tends toward trend growth over time, a positive index reading corresponds to growth above trend and a negative index reading corresponds to growth below trend.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/262/233/204/245/226/267/278/219/2510/2311/2112/21
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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