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

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index rose to +42 in April from +22 in March, suggesting that economic growth was well above trend. The CFSBC Manufacturing Activity Index moved up to +63 in April from +49 in March, and the CFSBC Nonmanufacturing Activity Index increased to +30 in April from +10 in the previous month.

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