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Chicago Fed Survey of Business Conditions, May 2017
Survey Shows Growth Slowed in April and Early May

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index decreased to –9 from +14, suggesting that growth in economic activity slowed to a modest pace in April and early May. The CFSBC Manufacturing Activity Index declined to +19 from +45, while the CFSBC Nonmanufacturing Activity Index moved down to –25 from –5.

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