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Chicago Fed Survey of Economic Conditions, March 2022
Survey Suggests Growth Picked Up in February

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index increased to +6 in February from –13 in January, suggesting that economic growth was near trend. The CFSBC Manufacturing Activity Index decreased to –12 in February from –11 in January, but the CFSBC Nonmanufacturing Activity Index increased to +16 in February from –15 in the previous month.

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