Monday morning’s report put the CFNAI at 0.20, right in-line with the Bloomberg consensus reading. The number looks higher than the preliminary report for February of 0.14, but the February reading was actually revised higher to 0.53.
A zero value for the CFNAI indicates that the national economy is expanding at its historical trend rate of growth, while negative values indicate below-average growth and positive values indicate above-average growth. Though this is a national index, it is not one of the more widely followed economic reports.
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