Federal Reserve Bank of Chicago: National Activity Index (CFNAI)
Market Sensitivity: Low.
What Is It: A nationwide measure of economic activity and inflation pressures.
News Release on Internet: www.chicagofed.org/economic_research_and_data/data_index.cfm
Home Web Address: www.chicagofed.org
Release Time: 10 A.M. (ET); usually released four to five weeks after the reporting month.
Frequency: Monthly.
Source: Federal Reserve Bank of Chicago.
Revisions: Substantial revisions can occur in the monthly data.
Why Is It Important
Economists are always coming up with new calculations that they hope will improve their ability to predict how the economy will perform. They might tweak an equation here and there, change some assumptions, and occasionally ...
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