CFNAI-MA3 Decreased

The current release of the Chicago Fed National Activity Index indicates the CFNAI-MA3 decreased Led by declines in production related indicators, the CFNAI moved down to -0.42 in March from -0.18 in February. The index’s three month moving average (CFNAI-MA3) decreased to -0.27 in March from -0.12 in February. March’s CFNAI-MA3 suggests that growth in [...]

2015-04-24T08:54:39-04:00A View|

Manufacturing Activity Increased Modestly

The Philadelphia Fed Manufacturing Business Survey for April Released 4/16, it indicated manufacturing activity increased modestly in April according to respondents to this month’s Business Outlook Survey. Indicators for general activity and new orders were positive but remained at low readings. The Conference Board Leading Economic Index Friday 4/17:  released for the US, it increased [...]

2015-04-17T11:52:44-04:00A View|

Slowed Hiring in March

In another sign of economic weakness US employers sharply slowed hiring in March to the weakest pace in more than a year. The US Department of Commerce last week released its Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for February 2015: New Orders for manufactured durable goods in February decreased 1.4 percent. [...]

2015-04-10T18:09:43-04:00A View|

Overall Economy Grew for 70th Consecutive Month

The Institute for Supply Management released its current Report on Business for March 2015 on 4/1: Economic activity in the manufacturing sector expanded in March for the 27th consecutive month and the overall economy grew for the 70th consecutive month, say the nation's supply executives." The report was issued by Bradley J. Holcomb, CPSM, CPSD, [...]

2015-04-03T10:22:59-04:00A View|
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