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Chicago Fed Survey of Business Conditions, January 2017
Survey Shows Growth Picked Up in Late November and December

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index increased to –8 from –19, suggesting that growth in economic activity remained at a modest pace in late November and December. The CFSBC Manufacturing Activity Index rose to +20 from a neutral reading, and the CFSBC Nonmanufacturing Activity Index moved up to –23 from –30.

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