Survey Suggests Little Change in Growth Again in October
The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index increased to –1 in October from –3 in September, suggesting that economic growth was near trend. The CFSBC Manufacturing Activity Index decreased to –9 in October from –8 in September, but the CFSBC Nonmanufacturing Activity Index increased to +3 in October from a neutral value in the previous month.
