cfnai 240924

q1: result (august in 2024)

a1:

Index Suggests Economic Growth Increased in August
The Chicago Fed National Activity Index (CFNAI) increased to +0.12 in August from –0.42 in July. Two of the four broad categories of indicators used to construct the index increased from July, and one category made a positive contribution in August. The index's three-month moving average, CFNAI-MA3, decreased to –0.17 in August from –0.13 in July.

The CFNAI Diffusion Index, which is also a three-month moving average, decreased to –0.23 in August from –0.11 in July. Thirty-six of the 85 individual indicators made positive contributions to the CFNAI in August, while 49 made negative contributions. Fifty-three indicators improved from July to August, while 32 indicators deteriorated. Of the indicators that improved, 21 made negative contributions.

Production-related indicators contributed +0.21 to the CFNAI in August, up from –0.42 in July.
The sales, orders, and inventories category's contribution to the CFNAI was –0.04 in August, down from +0.07 in July.
Employment-related indicators contributed –0.01 to the CFNAI in August, up from –0.09 in July.
The personal consumption and housing category's contribution to the CFNAI was –0.04 in August, down from +0.02 in July.