2018 Economic Calendar
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Chicago Fed National Activity Index  
Released On 1/22/2018 8:30:00 AM For Dec, 2017
PriorConsensusConsensus Range
Level0.15 0.25 -0.15  to 0.36 
3 Month Moving Average0.41 

Recent History Of This Indicator
The economy is solid based on the national activity index which firmed through the second half of 2017 and included a 0.15 gain in November. Retail sales are likely to be a positive in the December report with building permits neutral. The manufacturing component of the industrial production report is a likely weakness. The consensus for December's national activity index is 0.25.

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
 
 

2018 Release Schedule
Released On: 1/222/263/264/235/216/257/238/279/2410/2211/2612/24
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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