Chicago Fed National Activity Index falls
Led by declines in production and employment-related indicators, the Chicago Fed National Activity Index decreased to –0.43 in August from +0.02 in July.
Contributions from three of the four broad categories of indicators that make up the index declined from July, and three of the four were negative in August. The index's three-month moving average ticked down to –0.28 in August from –0.27 in July. August's index suggests that growth in national economic activity was below its historical trend.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GME Supply. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Howard Coleman, as well as interviews with numerous product and distribution industry experts.
