(Finance) – There are negative signals for the growth of American economic activity. TheChicago Fed National Activity Index (CFNAI) it is equal to -0.34 points in July 2024 compared to -0.09 points in June. The figure is also worse than analysts’ expectations for +0.03 points.
There three-month moving averagestill in July, is unchanged at -0.06 points.
The CFNAI index is a weighted average of as many as 85 indicators that reflect the state of health of national economic activity.
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