S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Economy

Federal Reserve Showing Better Economic Picture at National Level

Photo of Jon C. Ogg
By Jon C. Ogg Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Map of United States
Thinkstock
The Chicago Federal Reserve’s National Activity Index (CFNAI) rose to +0.47 in September from –0.25 in August. Three of the four economic categories made positive contributions to the index in September. Also, there were three of the four categories that posted increases from August. The CFNAI was constructed using data available as of October 21, 2014. At that time, September data for 50 of the 85 indicators had been published.

While this is a regional Federal Reserve branch, the report measures national activity.

The index’s three-month moving average, CFNAI-MA3, increased to +0.25 in September from +0.16 in August, its seventh consecutive reading above zero. The economic growth reflected in this suggests limited inflationary pressure from economic activity over the coming year. The CFNAI Diffusion Index rose to +0.24 in September from +0.18 in August.

There were some 58 of the 85 individual indicators that made positive contributions to the CFNAI in September, while 27 made negative contributions. Some 56 indicators improved from August to September, while 29 indicators deteriorated. Of those indicators that improved, 12 made negative contributions.

Individual component data was follows:

  • Production-related indicators made a contribution of +0.30 to the CFNAI in September, up from –0.20 in August.
  • Employment-related indicators contributed +0.22 to the CFNAI in September, up from +0.04 in August.
  • The contribution of the consumption and housing category to the CFNAI decreased to –0.13 in September from –0.09 in August.

ALSO READ: 24/7 Wall St. Guide to Fracking

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

Continue Reading

Chicago Fed Shows National Economic Activity Rebounded in September
Jon C. Ogg |

Chicago Fed Shows National Economic Activity Rebounded in September

The Chicago Fed National Activity Index rose more than expected in September due to strength in production-related indicators.
Chicago Fed National Activity Index Rose in September, but Still Under Trend
Jon C. Ogg |

Chicago Fed National Activity Index Rose in September, but Still Under Trend

The Chicago Fed National Activity Index reading for September rose but remains in the red for the second straight month.
Chicago Fed Sees More Slowing Growth Across Nation
Jon C. Ogg |

Chicago Fed Sees More Slowing Growth Across Nation

The Chicago Federal Reserve has released the Chicago Fed National Activity Index with a negative reading for November, implying slight…
National Economic Growth Slowed in August
Jon C. Ogg |

National Economic Growth Slowed in August

The Chicago Fed National Activity Index indicated slower growth in the month of August, in part due to the impact…
Chicago Fed Shows National Activity Ticked Up In October, But Still Negative
Jon C. Ogg |

Chicago Fed Shows National Activity Ticked Up In October, But Still Negative

The Chicago Fed National Activity Index (CFNAI) is a national report that is put together by a regional Federal Reserve…
More Fed Data Point to Slowing Economic Recovery
Jon C. Ogg |

More Fed Data Point to Slowing Economic Recovery

The Chicago Fed National Activity Index declined in August, echoing the ongoing trend of a slowing economic recovery.
Broad Fed Index Points Toward Further Economic Growth in December
Jon C. Ogg |

Broad Fed Index Points Toward Further Economic Growth in December

The Chicago Fed National Activity Index rose slightly in December. It is a national economic reading rather than just a…
Jon C. Ogg |

Chicago Fed National Activity Index Remains in Negative Territory

ThinkstockThe Chicago Fed National Activity Index (CFNAI) is a put together by a regional Federal Reserve branch, but the focus…
Chicago Fed Shows Increase in National Activity
Jon C. Ogg |

Chicago Fed Shows Increase in National Activity

Right now investors and economic watchers alike are trying to decide whether the economic reports generally point toward a slight…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618