FYI: The Chicago Fed National Activity Index (CFNAI) isn’t the most widely followed economic indicator, and in more recent history has also been one of the least volatile. The index is released monthly and consists of a weighted average of 85 different monthly economic indicators that measure economic activity on a national basis. When the index is above average, it indicates that economic activity is growing above trend, while negative readings indicate below trend growth.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/chicago-fed-exceeds-expectations-for-second-straight-month/
