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CFNAI
About This Article
May 2011

The Chicago Fed National Activity Index was –0.45 in April, down sharply from +0.32 in March.

Last Updated: 05/23/2011

Index Shows Economic Activity Weakened in April

Led by declines in production-related indicators, the Chicago Fed National Activity Index fell to –0.45 in April from +0.32 in March. April marked the lowest reading of the index since August 2010. Three of the four broad categories of indicators that make up the index deteriorated from March, but two of those three categories made positive contributions to the index in April.