{"id":430966,"date":"2026-05-26T19:40:06","date_gmt":"2026-05-26T12:40:06","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/us-national-activity-index-for-april-0-14-vs-0-15-last-month\/"},"modified":"2026-05-26T19:40:06","modified_gmt":"2026-05-26T12:40:06","slug":"us-national-activity-index-for-april-0-14-vs-0-15-last-month","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/us-national-activity-index-for-april-0-14-vs-0-15-last-month\/","title":{"rendered":"US National Activity Index for April 0.14 vs -0.15% last month"},"content":{"rendered":"<div>\n<ul>\n<li>Prior month -0.20 revised to -0.15<\/li>\n<\/ul>\n<p>Details from the Chicago Fed:<\/p>\n<ul data-start=\"0\" data-end=\"913\" data-is-last-node=\"\" data-is-only-node=\"\">\n<li data-section-id=\"erw8z7\" data-start=\"0\" data-end=\"159\">Federal Reserve Bank of Chicago CFNAI rose to +0.14 in April from -0.15 in March, signaling an improvement in overall U.S. economic activity.\n<\/li>\n<li data-section-id=\"j9iit4\" data-start=\"160\" data-end=\"244\">\nThe 3-month moving average (CFNAI-MA3) edged up to +0.03 from +0.02.\n<\/li>\n<li data-section-id=\"1fezl9i\" data-start=\"245\" data-end=\"368\">\nThe CFNAI Diffusion Index increased to +0.06 from +0.03, pointing to somewhat broader economic improvement.\n<\/li>\n<li data-section-id=\"d4ip8r\" data-start=\"369\" data-end=\"458\">\nOf the 85 indicators, 47 made positive contributions, while 38 were negative.\n<\/li>\n<li data-section-id=\"15b0cp5\" data-start=\"459\" data-end=\"547\">44 indicators improved from March, 40 deteriorated, and 1 was unchanged.\n<\/li>\n<li data-section-id=\"qm4mli\" data-start=\"548\" data-end=\"667\">Production-related indicators showed the biggest improvement, contributing +0.18 versus -0.13 in March.\n<\/li>\n<li data-section-id=\"d6umf4\" data-start=\"668\" data-end=\"744\">Sales, orders, and inventories improved to +0.02 from -0.03.\n<\/li>\n<li data-section-id=\"1uv845s\" data-start=\"745\" data-end=\"827\">Employment indicators slipped slightly to -0.02 from neutral in March.\n<\/li>\n<li data-section-id=\"1vydop4\" data-start=\"828\" data-end=\"913\" data-is-last-node=\"\">Personal consumption and housing weakened to -0.04 from neutral previously.<\/li>\n<\/ul>\n<p>The move higher and above the MA is a positive. The index is also near the recent high range over the last 14 or so months (see chart above). <\/p>\n<p>The Federal Reserve Bank of Chicago National Activity Index (CFNAI) is a monthly measure of overall U.S. economic activity and inflation pressures. It combines 85 economic indicators tied to production, employment, consumption, housing, sales, and inventories into one index. A reading above zero signals growth above the historical trend, while a reading below zero points to below-trend growth. Traders and economists watch the index as a broad barometer for the health of the economy and potential direction for Fed policy.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior month -0.20 revised to -0.15 Details from the Chicago Fed: Federal Reserve Bank of Chicago CFNAI rose to +0.14 in April from -0.15 in March, signaling an improvement in overall U.S. economic activity. The 3-month moving average (CFNAI-MA3) edged up to +0.03 from +0.02. The CFNAI Diffusion Index increased to +0.06 from +0.03, pointing [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430966","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430966"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430966\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}