Chicago Fed National Activity Index, March 2004

The Chicago Fed National Activity Index (CFNAI) March 2004 was published on 22 April. The CFNAI decreased somewhat from February to March, but remained above zero for the seventh month in a row.

The monthly CFNAI was +0.17 in March, following an upward-revised +0.47 reading in February. Three of the four broad categories of indicators that comprise the index made positive contributions in March, with the exception being the production-related measures. The three-month moving average, CFNAI-MA3

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