CFNAI Super Index Shows Economy Softer In May 2013

Written by Steven Hansen The economy was less good in May 2013 – and this index is suggesting the economy is now expanding well below the historical trend rate of growth – with the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average decreasing from -0.04 (reported last month) to -0.43. The 3MA …

CFNAI Super Index Mixed In April 2013

Written by Steven Hansen The economy was almost statistically unchanged in April 2013 – and this index is suggesting the economy is expanding just below the historical trend rate of growth – with the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average increasing from -0.5 to -0.4. The 3MA has now been …

CFNAI Super Index Shows Slowing Economy In March 2013

Written by Steven Hansen The economy was “less good” in March 2013 – and this index is suggesting the economy is expanding just below the historical trend rate of growth – with the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average falling to the lowest level in 5 months. The 3MA which …

CFNAI Super Index Shows An Expanding Economy In February 2013

Written by Steven Hansen The economy was “less good” in February 2013 – but still expanding above historical trend rate of growth – with the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average falling to the lowest level in 4 months. The 3MA has been in positive territory (for the last 4 …

CFNAI Super Index Improves Again In January 2013

Written by Steven Hansen The economy strengthened marginally in January 2013 with the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average rising to the highest level since January 2012. The 3MA has been in positive territory (for the last 3 months) – indicating national economic activity was above its historical trend, but …