Home Latest Chicago Fed May national activity index +0.29 vs +0.70 expected

Chicago Fed May national activity index +0.29 vs +0.70 expected

Forex, video, latest June 21, 2021 8:01 pm

Chicago Fed nation activity index

Chicago Fed May national activity index
  • Prior was +0.24 (revised to -0.09)
  • March revised to +2.22 from +1.71
  • Fifty-seven indicators improved from April to May,
    while 27 indicators deteriorated also one was unchanged.

Categories on personal consumption broadly deteriorated, which is exactly what youre would expect after stimulus cheques wore off.

Read More :  US February PCE core +1.4% y/y vs +1.5% expected

This indicator is an aggregate of already-published data also is never a market mover but can offer a decent snapshot of trailing economic activity.

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