Manufactured Durable Goods Continue Increase
The Chicago Fed National Activity Index (CFNAI), as of Monday (3/24) Led by improvements in production related indicators, the CFNAI increased to +0.14 in February from -0.45 in January. The index’s three month moving average (CFNAI-MA3) decreased to -0.18 in February from +0.02 in January marking its first reading below zero in six months. February’s CFNAI-MA3 [...]