Slow Growth, Headed in Right Direction

The Chicago Fed National Activity Index (CFNAI) Released Tuesday 11/12/13, the index increased to +0.14 in September from +0.13 in August. The Index’s three month moving average (CFNAI-MA3) increased to -0.03 in September from -0.15 in August, marking its seventh consecutive reading below zero. September’s CFNAI-MA3 suggests that growth in national economic activity was slightly [...]