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Chicago Fed Survey of Business Conditions, November 2020
Survey Suggests Growth Slowed in October

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index decreased to –20 in October from +8 in September, suggesting that economic growth was below trend. The CFSBC Manufacturing Activity Index fell to +7 in October from +41 in September, and the CFSBC Nonmanufacturing Activity Index moved down to –30 in October from –8 in the previous month.

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