U.S. monthly Chicago Fed National Activity Index 2022-2024
In March 2024, the Chicago Fed Activity Index stood at 0.15 for the United States. This is an increase from the previous month, when the index stood at 0.09.
The Chicago Fed National Activity Index is a coincident indicator used to track the nation's economic growth and potential inflation. An index value of zero indicates that the economy is growing at its historic trend rate of growth. A value over zero indicates that the economy is growing above its potential, while a negative value indicates that the economy is growing below its potential.