The Chicago Fed National Activity Index (CFNAI) is a monthly economic indicator designed to gauge overall economic activity and related inflationary pressure in the United States. It is derived from 85 individual economic indicators, covering production, income, employment, consumption, and housing. A positive index value indicates above-average growth, while a negative value suggests below-average growth. The CFNAI is important for financial markets as it provides insights into the potential direction of monetary policy and economic health, influencing investment decisions and market sentiment.
The Chicago Fed National Activity Index (CFNAI) is a monthly economic indicator designed to gauge overall economic activity and related inflationary pressure in the United States. It is derived from 85 individual economic indicators, covering production, income, employment, consumption, and housi...