In July 2024, the Chicago Fed Activity Index stood at 0.18 for the United States. This is an increase from the previous month, when the index stood at -0.26
The Chicago Fed National Activity Index is a coincident indicator used to track the nation's economic growth and potential inflation. An index value of zero indicates that the economy is growing at its historic trend rate of growth. A value over zero indicates that the economy is growing above its potential, while a negative value indicates that the economy is growing below its potential.
Monthly Chicago Fed National Activity Index of the United States from July 2022 to July 2024
The Chicago Fed National Activity Index is a weighted average of 85 indicators based on economic data covering production and income, employment, personal consumption, housing, manufacturing, trade sales, inventories, and orders.
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Federal Reserve Bank of Chicago. (August 23, 2024). Monthly Chicago Fed National Activity Index of the United States from July 2022 to July 2024 [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1241365/us-monthly-chicago-fed-national-activity-index/
Federal Reserve Bank of Chicago. "Monthly Chicago Fed National Activity Index of the United States from July 2022 to July 2024." Chart. August 23, 2024. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1241365/us-monthly-chicago-fed-national-activity-index/
Federal Reserve Bank of Chicago. (2024). Monthly Chicago Fed National Activity Index of the United States from July 2022 to July 2024. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1241365/us-monthly-chicago-fed-national-activity-index/
Federal Reserve Bank of Chicago. "Monthly Chicago Fed National Activity Index of The United States from July 2022 to July 2024." Statista, Statista Inc., 23 Aug 2024, https://www.statista.com/statistics/1241365/us-monthly-chicago-fed-national-activity-index/
Federal Reserve Bank of Chicago, Monthly Chicago Fed National Activity Index of the United States from July 2022 to July 2024 Statista, https://www.statista.com/statistics/1241365/us-monthly-chicago-fed-national-activity-index/ (last visited November 12, 2024)
Monthly Chicago Fed National Activity Index of the United States from July 2022 to July 2024 [Graph], Federal Reserve Bank of Chicago, August 23, 2024. [Online]. Available: https://www.statista.com/statistics/1241365/us-monthly-chicago-fed-national-activity-index/