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Chicago Fed Survey of Economic Conditions, August 2021
Survey Suggests Growth Slowed Some in July

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index moved down to +12 in July from +22 in June, suggesting that economic growth was above trend. The CFSBC Manufacturing Activity Index increased to +23 in July from +8 in June, but the CFSBC Nonmanufacturing Activity Index decreased to +10 in July from +34 in the previous month.

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