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Chicago Fed Survey of Economic Conditions, October 2022
Survey Suggests Growth Slowed Slightly in September

The Chicago Fed Survey of Economic Conditions (CFSEC) Activity Index decreased to –37 in September from –33 in August, suggesting that economic growth was well below trend. The CFSEC Manufacturing Activity Index increased to –34 in September from –49 in August, but the CFSEC Nonmanufacturing Activity Index decreased to –40 in September from –22 in the previous month.

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