Chicago Fed National Activity Index (CFNAI) Rising or Falling?

The July reading of the 3-month moving average of the Chicago Fed National Activity Index (CFNAI) has dropped back below zero the past two months after reaching above zero for the first time since the recession began for just one month in May. It is currently above levels that would be associated with recession, but it is close enough to bear close watching.

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Welcome to Global Economic Intersection.  www.econintersect.com is entering its Beta Testing Mode, and will focus on the economic effects on finance, investing, social interactions, and politics / public policy.  It will feature original economic commentary, debate, and economic analysis of economic indicators. Original Economic Forecast published 08 September 2010 Econintersect USA Economic Outlook – Updated 08 …