Home / Market Update / US: Chicago Fed National Activity Index Drops to 0.27 in November

US: Chicago Fed National Activity Index Drops to 0.27 in November

The Federal Reserve Bank of Chicago’s National Activity Index (CFNAI) declined from 1.01 (revised from 0.83) in October to 0.7 in November.

Forty-nine of the 85 individual indicators made positive contributions to the CFNAI in November, while 36 made negative contributions

Check Also

Oil Shock Deepens as Hormuz Crisis Rattles Global Markets

Global oil markets are facing mounting turmoil as uncertainty surrounding the Strait of Hormuz continues …