2017 Economic Calendar
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Chicago Fed National Activity Index  
Released On 9/25/2017 8:30:00 AM For Aug, 2017
PriorConsensusConsensus Range
Level-0.01 0.11 -0.25  to 0.13 
3 Month Moving Average-0.05 

Recent History Of This Indicator
August is difficult to assess given Hurricane Harvey's late month hit on Houston which hurt industrial production and construction. August payroll data were also soft but were sampled before the Harvey's landfall. Forecasters see the national activity index rising slightly to 0.11 vs minus 0.01 in July.

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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