Posted November 21, 2011
Chicago Fed National Activity Index edges up
One important economic barometer provided good news in October.
Led by improvements in production-related indicators, the Chicago Fed National Activity Index edged up to -0.13 in October from -0.20 in September. Two of the four broad categories of indicators that make up the index improved from September, and only the consumption and housing category remained negative in October.
The index's hree-month moving average decreased to -0.27 in October from -0.16 in September. Click for more.
