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November 23, 2020

November 23, 2020

Chicago Fed National Activity Index  (October 2020)

- Index            0.83. Previous was 0.32 

- 3-Month Moving Average    0.75. Previous was 1.37 

This index measures economic activity and related inflationary pressure. The CFNAI is a weighted average of 85 existing monthly indicators of national economic activity.

Source:  Chicago Federal Reserve  Details:  https://www.chicagofed.org/publications/cfnai/index

 

PMI Composite Flash  (November2020)

- Composite Index  57.9.      Previous was 56.3.

- Manufacturing Index 56.7. Previous was 53.4     

- Services Index     57.7. Previous was 56.0   

This is a survey index assessing the supply side. Source:  Markit Economics 

 

Posted at 06:52 AM in Economic Fundamentals |

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