Sunday , July 21 2019
Home / Doug Short Advisor Perspectives / Chicago Fed: “Index points to a pickup in economic growth in May”

Chicago Fed: “Index points to a pickup in economic growth in May”

Summary:
[unable to retrieve full-text content] "Index points to a pickup in economic growth in May." Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) rose to –0.05 in May from –0.48 in April. Three of the four broad categories of indicators that make up the index increased from April, but only one of the four categories made a positive contribution to the index in May. The index’s three-month moving average, CFNAI-MA3, moved up to –0.17 in May from –0.37 in April.

Topics:
Doug Short considers the following as important:

This could be interesting, too:

Tyler Durden writes Russia’s Spy Agency Hit In Massive Hack; 7.5 TB Of Data Stolen In ‘Largest Data Breach In History’

Tyler Durden writes Woke Capitalism: Answering A Question Nobody Asked

Tyler Durden writes Boston Cops Urge Criminals To “Hold Off” On Breaking The Law This Weekend, Due To The Extreme Heat

Tyler Durden writes The Top Three Contrarian Trades From Bank of America

[unable to retrieve full-text content]
Chicago Fed:

"Index points to a pickup in economic growth in May." Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) rose to –0.05 in May from –0.48 in April. Three of the four broad categories of indicators that make up the index increased from April, but only one of the four categories made a positive contribution to the index in May. The index’s three-month moving average, CFNAI-MA3, moved up to –0.17 in May from –0.37 in April.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

Leave a Reply

Your email address will not be published. Required fields are marked *