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Chicago Fed Survey of Business Conditions, January 2018
Survey Shows Growth Accelerated in Late November and December

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index increased to +27 from –14, suggesting that growth in economic activity picked up to a moderate pace in late November and December. The CFSBC Manufacturing Activity Index moved up to +48 from +9, and the CFSBC Nonmanufacturing Activity Index rose to +15 from –29.



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

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