Survey Suggests Little Change in Growth in September
The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index moved up to +1 in September from –2 in August, suggesting that economic growth was near trend. The CFSBC Manufacturing Activity Index decreased to –6 in September from +8 in August, but the CFSBC Nonmanufacturing Activity Index increased to +5 in September from –5 in the previous month.