Chicago Fed Survey of Economic Conditions: Manufacturing Activity Inde
Growth · FRED/Treasury · CFSBCACTIVITYMFG
What this measures. What is the Survey of Economic Conditions? Contacts located in the Seventh Federal Reserve District are asked to rate various aspects of economic conditions along a seven-point scale ranging from "large increase" to "large decrease." A series of diffusion indexes summarizing the distribution of responses is then calculated. How are the indexes…
The latest reading sits at LOW relative to this series' own history (146 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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