U.S. Economic Muscle is Resilient

Monday 9/23/13:The Chicago Fed National Activity Index (CFNAI) It came in with an increase to +0.14 in August from -0.43 in July. Nice news. The index’s 3 month moving average (cfnai-ma3) increased to -0.18 in august from -0.24 in July, marking its sixth consecutive reading below zero. Augusts’ CFNAI-MA3 suggests economic activity was below its [...]