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Chicago Fed Survey of Business Conditions, July 2019
Survey Shows Growth Slowed Some in Late May and June

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index decreased to −31 from −25, suggesting that growth in economic activity remained at a modest pace in late May and June. The CFSBC Manufacturing Activity Index fell to −36 from –19, and the CFSBC Nonmanufacturing Activity Index edged up to –26 from –29.



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