Chicago Fed National Activity Index, January 2003

- Central Banking staff
- 28 Feb 2003

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REPORT - CFNAI Shows U.S. Economy Improved in January - In January, the Chicago Fed National Activity Index (CFNAI) moved above zero for the first time since last July. The January reading was +0.38, a substantial improvement from December and the highest monthly reading since April 2000. Due to weakness in prior months, the three-month moving average index (CFNAI-MA3) remained negative in January at -0.19.

Chicago Fed National Activity Index

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