Another Regional Fed Survey Collapses – Chicago Activity Index Hits 6-Month Lows

by Tyler Durden
ZeroHedge.com
09/24/2015

From Dallas to Philly, and from New York to Richmond, the regional Fed surveys have been ugly. So not to be outdone, Chicago Fed’s National Activity Index collapsed from +0.34 to -0.41 (dramatically missing expectations of 0.24) and testing 6-month lows. The CFNAI has now missed expectations for 7 of the last 9 months. The reading below zero indicates below-trend growth in the national economy and easing pressures of future inflation.

The Rest…HERE

This entry was posted on Thursday, September 24th, 2015 at 10:55 am and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.