National economic activity edged up in January

National economic activity edged up in January

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BPC Staff | Feb 23, 2015 | 8:52 pm |

<1 min read time

The Federal Reserve Bank of Chicago said today that national economic activity picked up slightly in January, led by gains in production categories.

The Federal Reserve Bank of Chicago said today that national economic activity picked up slightly in January, led by gains in production categories. The Chicago Fed National Activity Index (CFNAI) edged up to +0.13 in January from -0.07 in December. The Industrial and manufacturing production indicators each increased 0.2 percent last month. Other gains were reported in employment, sales, orders and inventories.