2017 Economic Calendar
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United States : Chicago Fed National Activity Index  
Released On 1/26/2017 8:30:00 AM For Dec, 2016
PriorPrior RevisedActual
Level-0.27 -0.33 0.14 
3 Month Moving Average-0.14 -0.14 -0.07 

Highlights
Utility production gave the national activity index a lift in December, to plus 0.14 from a minus 0.33 in November (revised). The production component, boosted by demand for heating, rose to plus 0.20 from November's minus 0.30. Components for sales, orders & inventories as well as for personal consumption & housing and employment are all flat and little changed. Given the skewing effect from utilities, the 3-month average may be a truer reading of actual activity and it is modestly negative at minus 0.07, a reading that points to slightly lower-than-usual economic growth.

Definition
The Chicago Fed National Activity Index (CFNAI) is a monthly index that tracks overall economic activity and inflationary pressures. The CFNAI is a weighted average of 85 existing monthly indicators of national economic activity. It is constructed to have an average value of zero and a standard deviation of one. Since economic activity tends toward trend growth over time, a positive index reading corresponds to growth above trend and a negative index reading corresponds to growth below trend.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/262/233/204/245/226/267/278/219/2510/2311/2112/21
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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