Chicago Fed: US Economy Weakned In August
September 24, 2012 at 10:17 AM EDT
U.S. economic momentum weakened in August, according to today’s update of the Chicago Fed National Activity Index (CFNAI), a weighted average of 85 indicators. But the weakness fell short of signaling that a recession started, a warning that requires a reading of -0.70 or below for the CFNAI’s three-month moving average. As of August, the [...]
