United States: Chicago Fed National Activity Index - Composite Index (SA)

Macro

2026-07-23

Description

-

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

AI Data Insight

The US Chicago Fed National Activity Index (CFNAI) for May 2026 improved slightly to -0.02 from the previous -0.1, consecutively remaining in negative territory. The data indicates that while US economic activity has recovered slightly, overall momentum is still slightly below the historical average trend. Although employment and production sectors face slowing pressure, the indicator has not touched the recession warning line, aligning with market expectations for an economic soft landing.

AI Data Insight

The US Chicago Fed National Activity Index (CFNAI) for May 2026 improved slightly to -0.02 from the previous -0.1, consecutively remaining in negative territory. The data indicates that while US economic activity has recovered slightly, overall momentum is still slightly below the historical average trend. Although employment and production sectors face slowing pressure, the indicator has not touched the recession warning line, aligning with market expectations for an economic soft landing.

Description

-

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