Source: Federal Reserve Bank of Chicago
Release: Chicago Fed National Activity Index
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:
Federal Reserve Bank of Chicago, Chicago Fed National Activity Index: Sales, Orders and Inventories [SOANDI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SOANDI, December 9, 2023.