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Chicago Fed Survey of Business Conditions, August 2020
Survey Suggests Flat Growth in July

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index was unchanged at +2 in July, suggesting that economic growth remained near trend. The CFSBC Manufacturing Activity Index increased to +36 in July from +25 in June, while the CFSBC Nonmanufacturing Activity Index decreased to −16 in July from –10 in the previous month.

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