THE BASIS POINT

Chicago Fed Index Shows Weakness.

 

Chicago Federal Reserve National Activity Index (November 2015)

– Index Level  -0.30. Previous was -0.17

The CFNAI is a weighted average of 85 existing monthly indicators of national economic activity.

This is weak especially because a positive reading was expected.   Especially weak are exports. Exports will continue to suffer as the strength of the US$ continues.

 

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