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Chicago Fed Survey of Business Conditions, April 2021
Survey Suggests Growth Picked Up in March

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index increased to +25 in March from –6 in February, suggesting that economic growth was well above trend. The CFSBC Manufacturing Activity Index rose to +61 in March from +10 in February, and the CFSBC Nonmanufacturing Activity Index moved up to +12 in March from –7 in the previous month.

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