Marketscreener.com on Nostr: U.S. Economy Gained Again in March -- Chicago Fed ========== The U.S. economy ...
U.S. Economy Gained Again in March -- Chicago Fed
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The U.S. economy experienced growth in March, driven by a strong jobs market and rising demand, according to the Chicago Fed National Activity Index. The index increased to 0.15 in March from an upwardly revised 0.09 in February. The improvement was attributed to better contributions from employment-related indicators and sales, orders, and inventories. However, production made a less positive contribution, and personal consumption and housing turned negative. The three-month moving average of the index also rose, indicating a generally improving trend across activity. The CFNAI diffusion index, which measures the spread of change in the monthly index, improved to minus 0.6 from minus 0.16. Economic expansion is typically associated with values of the CFNAI Diffusion Index above minus 0.35.
#UsEconomy #ChicagoFed #EconomicGrowth #JobsMarket #Demand
https://www.marketscreener.com/quote/currency/AUSTRALIAN-DOLLAR-US-DOLL-2373531/news/U-S-Economy-Gained-Again-in-March-Chicago-Fed-46491815/
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The U.S. economy experienced growth in March, driven by a strong jobs market and rising demand, according to the Chicago Fed National Activity Index. The index increased to 0.15 in March from an upwardly revised 0.09 in February. The improvement was attributed to better contributions from employment-related indicators and sales, orders, and inventories. However, production made a less positive contribution, and personal consumption and housing turned negative. The three-month moving average of the index also rose, indicating a generally improving trend across activity. The CFNAI diffusion index, which measures the spread of change in the monthly index, improved to minus 0.6 from minus 0.16. Economic expansion is typically associated with values of the CFNAI Diffusion Index above minus 0.35.
#UsEconomy #ChicagoFed #EconomicGrowth #JobsMarket #Demand
https://www.marketscreener.com/quote/currency/AUSTRALIAN-DOLLAR-US-DOLL-2373531/news/U-S-Economy-Gained-Again-in-March-Chicago-Fed-46491815/