Survey Suggests Little Change in Growth in February
The Chicago Fed Survey of Economic Conditions (CFSEC) Activity Index increased to +17 in February from +14 in January, suggesting that economic growth was above trend. The CFSEC Manufacturing Activity Index decreased to +18 in February from +24 in January, but the CFSEC Nonmanufacturing Activity Index increased to +13 in February from +7 in the previous month.