Market news
26.10.2020, 12:46

Chicago Fed National Activity Index drops to 0.27 in September

The Chicago Federal Reserve announced on Monday the Chicago Fed national activity index (CFNAI), a weighted average of 85 different economic indicators, came in at 0.27 in September, down from an upwardly revised 1.11 in August (originally 0.79), pointing to slower growth in economic activity than in the previous month but still slightly above the average. That was the lowest reading since the sharp decline in April.

Economists had forecast the index to come in at 0.39 in September.

At the same time, the index’s three-month moving average fell to +0.51 in September from +0.71 in August.

According to the report, three of the four broad categories of indicators used to construct the index made positive contributions in September, but three of the four categories declined from August.

Production-related indicators made a negative contribution of -0.24 to the CFNAI in September, down from +0.31 in August. Meanwhile, the contribution of the personal consumption and housing category to the CFNAI improved to +0.09 in September from a neutral value in August. Employment-related indicators contributed +0.35 to the CFNAI in September, down from +0.71 in August. The contribution of the sales, orders, and inventories category to the CFNAI decreased to +0.07 in September from +0.10 in August.

© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location