US: National Activity Index rises to 0.47 in April from 0.36 in March

The Chicago Fed's National Activity Index rose to 0.47 in April from 0.36 in March.
It has remained stable in the mid-0.0s since the start of the year.
There was no market reaction to the latest Chicago Fed data.

Joel Frank Independent Analyst

The US National Activity Index rose to 0.47 in April from 0.36 in March, data released by the Federal Reserve Bank of Chicago revealed on Monday. The National Activity Index is a monthly index designed to gauge overall economic activity and related inflationary pressure. The index has been relatively stable in the mid-0.0s since the start of the year, suggesting a modest but consistent growth rate.

Market Reaction

There was no market reaction to the latest Chicago Fed data.

Author

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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