US: National Activity Index rises to 0.47 in April from 0.36 in March

• The Chicago Fed's National Activity Index rose to 0.47 in April from 0.36 in March. 
• It has remained stable in the mid-0.0s since the start of the year. 
• There was no market reaction to the latest Chicago Fed data.  

The US National Activity Index rose to 0.47 in April from 0.36 in March, data released by the Federal Reserve Bank of Chicago revealed on Monday. The National Activity Index is a monthly index designed to gauge overall economic activity and related inflationary pressure. The index has been relatively stable in the mid-0.0s since the start of the year, suggesting a modest but consistent growth rate.  

Market Reaction

There was no market reaction to the latest Chicago Fed data.