Chicago Fed National Activity Index

Hannah BlalockMacro Economic Indicators

CFNAI, CFNAIG

What is it?

The Chicago Fed National Activity Index (CFNAI) is a monthly measure that gauges overall economic activity throughout the U.S. It uses a weighted average of 85 monthly indicators of national economic activity, including; production and income; employment, unemployment, and hours; personal consumption and housing; and sales, orders, and inventories.

Who is interested?

Economists, analysts, retailers, investors, policymakers

What does it tell me?

The CFNAI is a measure overall economic activity in the country. It is also useful for calculating future economic activity and inflationary levels in the U.S.