2018 Economic Calendar
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Chicago Fed National Activity Index  
Released On 4/23/2018 8:30:00 AM For Mar, 2018
PriorConsensusConsensus Range
Level0.88 0.29 0.20  to 0.50 
3 Month Moving Average0.37 

Consensus Outlook
Retail sales were solid in March as were building permits as well as mining and utility production which will all be positives for the national activity index. Not much of a positive, however, was a marginal rise in manufacturing production nor the slim 103,000 increase in nonfarm payrolls which will both hold back the month's results. The index is expected to come in at 0.29 vs February's very strong 0.88.

Definition
The Chicago Fed National Activity Index (CFNAI) is a monthly index that tracks overall economic activity and inflationary pressures. The CFNAI is a weighted average of 85 existing monthly indicators of national economic activity. It is constructed to have an average value of zero and a standard deviation of one. Since economic activity tends toward trend growth over time, a positive index reading corresponds to growth above trend and a negative index reading corresponds to growth below trend.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/222/263/264/235/216/257/238/279/2410/2211/2612/24
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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