Survey Suggests Growth Slowed Slightly in September
The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index decreased to +8 in September from +20 in August, suggesting that economic growth was near trend. The CFSBC Manufacturing Activity Index fell to +43 in September from +60 in August, and the CFSBC Nonmanufacturing Activity Index moved down to –10 in September from –2 in the previous month.
