U.S. monthly Chicago Fed National Activity Index 2022-2024
In February 2024, the Chicago Fed Activity Index stood at 0.05 for the United States. This is an increase from the previous month, when the index stood at -0.54.
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.