National Economic Activity Index Improves in September

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October 24 — An index of national economic activity compiled by the Chicago Federal Reserve Bank improved in September as the result of improvements in all four categories of indicators from the previous month.

The Chicago Fed National Activity Index in September rose to 0.22, up from 0.59 in August. The Index remains in negative territory for the sixth consecutive month, indicating that economic activity was below its historical trend. See the Chicago Fed news release.