Federal Reserve Economic Data

Chicago Fed National Activity Index: Three Month Moving Average (CFNAIMA3)

Nov 2025: -0.23
Updated: Jan 26, 2026 7:35 AM CST
Nov 2025:  -0.23  
Oct 2025:  -0.34  
Sep 2025:  -0.20  
Aug 2025:  -0.15  
Jul 2025:  -0.12  
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Units:

Index,
Not Seasonally Adjusted

Frequency:

Monthly

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Notes

Source: Federal Reserve Bank of Chicago  

Release: Chicago Fed National Activity Index  

Units:  Index, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

A zero value for the index indicates that the national economy is expanding at its historical trend rate of growth; negative values indicate below-average growth; and positive values indicate above-average growth.

For further information, please visit the Federal Reserve Bank of Chicago's web site:
http://www.chicagofed.org/webpages/research/data/cfnai/current_data.cfm

Suggested Citation:

Federal Reserve Bank of Chicago, Chicago Fed National Activity Index: Three Month Moving Average [CFNAIMA3], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CFNAIMA3, .

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