Chicago Fed National Activity Index, April 2006
Three of the four broad categories of indicators in the index made positive contributions. The three-month moving average, CFNAI-MA3, was +0.25 in April. A CFNAI-MA3 reading above zero is associated with above-trend economic growth; accordingly, the CFNAI-MA3 value of +0.25 in April suggests that growth in national economic activity was above its historical trend. With
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