United States Chicago Fed National Activity Index
Chicago Fed National Activity Index in the United States decreased to 0.01 points in May from 0.40 points in April of 2022. Chicago Fed National Activity Index in the United States averaged 0 points from 1967 until 2022, reaching an all time high of 5.97 points in June of 2020 and a record low of -17.89 points in April of 2020. The Chicago Fed National Activity Index (CFNAI) is designed to gauge overall economic activity and related inflationary pressure. The CFNAI is based on a weighted average of 85 existing monthly indicators of national economic activity. It has an average value of zero and a standard deviation of one. Since economic activity tends toward trend growth rate over time, a positive reading corresponds to growth above trend and a negative reading corresponds to growth below trend. This page provides the latest reported value for – United States Chicago Fed National Activity Index – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.