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The Week Ahead: Gauging the Economy With the Chicago Fed

The Federal Reserve Bank of ChicagoOn Monday at 8:30 a.m. EST, the Chicago Fed will release its National Activity Index, a monthly index tracking inflation and overall economic activity. The Chicago Fed National Activity Index [1] (CFNAI) is a weighted average tracking 85 different monthly economic indicators, drawn from four different categories of data: 1) production and income; 2) employment, unemployment, and hours; 3) personal consumption and housing; and 4) sales, orders, and inventories. The last CFNAI was released on December 21, 2017, and saw the Index decline to +0.15 in November 2017, down from +0.76 in October.

Here’s what else is scheduled for The Week Ahead.