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Chicago Fed Survey of Business Conditions, March 2021
Survey Suggests Growth Slowed Some in February

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index moved down to –3 in February from +8 in January, suggesting that economic growth was near trend. The CFSBC Manufacturing Activity Index decreased to +17 in February from +53 in January, but the CFSBC Nonmanufacturing Activity Index increased to –7 in February from –13 in the previous month.

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