Chicago Fed National Activity Index falls to minus 0.34 in July
2024 August 22 21:30 JST
The July US activity index announced by the Chicago Federal Reserve fell to minus 0.34. The market forecast is plus 0.03. The previous month was minus 0.09.
When the index falls below zero, it suggests that the growth of the US economy is below past trends and signs of easing inflationary pressure in the future.
Of the 85 monthly individual indicators, 28 contributed positively and 57 contributed negatively.
The July US activity index announced by the Chicago Federal Reserve fell to minus 0.34. The market forecast is plus 0.03. The previous month was minus 0.09.
When the index falls below zero, it suggests that the growth of the US economy is below past trends and signs of easing inflationary pressure in the future.
Of the 85 monthly individual indicators, 28 contributed positively and 57 contributed negatively.
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