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Chicago Fed Survey of Business Conditions, January 2016
Survey Shows Growth Continued at a Modest Pace in Late November and December

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index declined to −17 from −12, suggesting that growth in economic activity continued at a modest pace in late November and December. The CFSBC Manufacturing Activity Index rose to −20 from –37, and the CFSBC Nonmanufacturing Activity Index fell to −16 from zero.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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