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Chicago Fed Survey of Economic Conditions, September 2023
Survey Suggests Growth Picked Up in September

The Chicago Fed Survey of Economic Conditions (CFSEC) Activity Index increased to –20 in September from –24 in August, suggesting that economic growth was below trend. The CFSEC Manufacturing Activity Index increased to –17 in September from –22 in August, but the CFSEC Nonmanufacturing Activity Index was unchanged at –26 in September.

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