The US economy expanded in March, but growth softened compared with the previous month, data from the Federal Reserve Bank of Chicago showed Monday.
The Chicago Fed National Activity Index decreased to 0.44 in March from a revised 0.54 in February. The reading is above the 0.40 consensus forecast from economists. Before U.S.-listed equities begin trading, markets receive the March edition of the Chicago Fed National Activity Index, which fell to a reading of 0.51 in February from 0.59 in January. Soon after the market open, markets will get the April reading on the Richmond Fed Manufacturing and Services indices and the same from the Dallas Fed as well.
Tags economic growth US Economy
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