The Chicago Fed National Activity Index (CFNAI) was released on Monday: Led by improvements in production related indicators, the CFNAI rose to +0.39 in July from +0.21 in June. Three of the four broad categories of indicators that make up the index made positive contributions to the index in July and two of the four [...]
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 [...]
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. [...]
US job growth slowed sharply in December ... closing out the year on a surprisingly weak note and potentially complicating the Fed’s plan for its bond-buying program. Payrolls rose by 74,000 last month (of those, 40,000 were temporary positions), a sharp dip from numbers of over 200,000 the prior two months (and job growth of [...]