United States Chicago Fed National Activity IndexUnited States Chicago Fed National Activity IndexUnited States Chicago Fed National Activity Index

United States Chicago Fed National Activity Index

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
6.26POINT on Jun 30, 2020
Lowest
−18.12POINT on Apr 30, 2020

About United States Chicago Fed National Activity Index


Category
Business
Frequency
Monthly
Units
POINT
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.