Chicago Fed National Activity Index, Feb 2005

The Chicago Fed National Activity Index for February 2005 was +0.37, up from +0.13 in January. All four broad categories of indicators that make up the index made positive contributions last month, according to the CFNAI.

The three-month moving average, CFNAI-MA3, increased to +0.43 in February from +0.34 in January. CFNAI-MA3 readings above zero are associated with above-trend economic growth; accordingly, the CFNAI-MA3 value of +0.43 suggests that growth in national economic activity was abo