United States: Chicago Fed National Activity Index - Production and Income

Macro

2026-09-21

Description

-

Published by
Federal Reserve Bank of Chicago (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The "Production and Income" sub-index of the US Q3 2026 Chicago Fed National Activity Index (CFNAI) recently recorded -0.07, significantly lower than the previous value of 0.01. The data shows a slowdown in the pace of expansion on the manufacturing and production side, which dragged down the overall index performance. Nevertheless, employment and consumption remain resilient, and the long-term trend indicator is still above the recession threshold, indicating that the US economy is expected to maintain a soft landing trajectory.

AI Data Insight

The "Production and Income" sub-index of the US Q3 2026 Chicago Fed National Activity Index (CFNAI) recently recorded -0.07, significantly lower than the previous value of 0.01. The data shows a slowdown in the pace of expansion on the manufacturing and production side, which dragged down the overall index performance. Nevertheless, employment and consumption remain resilient, and the long-term trend indicator is still above the recession threshold, indicating that the US economy is expected to maintain a soft landing trajectory.

Description

-

Published by
Federal Reserve Bank of Chicago (Choice)
Frequency
Monthly
Next Update