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.
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