Chicago Fed national activity index for April 2019
- Chicago Fed national activity index -0.45 versus -0.20 estimate
- Prior month revised to 0.05 from -0.15
- Lowest level since May 2016
- 33 of 85 indicators made positive contributions
- 52 of 85 indicators were negative contributions
The index draws on 85 economic indicators. A reading below 0 indicates below trend growth and easing of future inflation pressures
