CFNAI-MA3 economic growth Archives - Summit Steel - Premier American Distributor of SBQ, Carbon and Alloy Steel Bar Stock Since 1985

U.S. Raw Steel Output at Highest Weekly Level Since June 2012
U.S. Raw Steel Output at Highest Weekly Level Since June 2012

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U.S. Raw Steel Output at Highest Weekly Level Since June 2012

Raw Steel Output Rose 1.4% Last Week to an ACUR of 79.8% Chicago Fed National Activity Index (CFNAI) The CFNAI released on Monday reports: Led by slower growth in production related indicators, the CFNAI edged down to +0.12 in June from +0.16 in May. The index’s 3 month moving average (CFNAI-MA3), decreased to +0.13 in [...]

admin2014-08-01T21:10:35-04:00A View|

Economic growth above historical trend
Economic growth above historical trend

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Economic growth above historical trend

Here was some good news to start the week: Led by improvements in production related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.21 in May from -0.15 in April. The index’s three month moving average (CFNAI-MA3) decreased to +0.18 in May from +0.31 in April, marking its third consecutive reading above zero. [...]

admin2014-06-28T06:15:31-04:00A View|