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US May Chicago Fed national activity 0.18 vs -0.26 in April
3-month average -0.09 vs -0.05 in April (Il Sole 24 Ore Radiocor) - Washington, 25 Jun - The Chicago Fed National Activity Index (CFNAI) rose to 0.18 in May from a downwardly revised reading of negative 0.26 in April, according to the Federal Reserve Bank of Chicago.
Forecasts were for a decline to negative 0.4.
The index's three month moving average, CFNAI-MA3, slipped to negative 0.09 from an April reading of negative 0.05.
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(RADIOCOR) 25-06-24 14:39:06 (0446) 5 NNNN