US Chicago Fed National Activity Index for September: Signs of Economic Recovery

On September 22, 2025, the Chicago Federal Reserve released the US Chicago Fed National Activity Index (CFNAI) for September. The reported value was -0.12, with no forecast provided; the previous reading was also -0.12.The CFNAI is a nationwide economic activity indicator calculated as a weighted average of 85 national economic metrics. It primarily covers production and income, employment conditions, personal consumption and housing, as well as sales and inventories.This data point is assigned an importance level of 2. The calculation methodology is a weighted average of 85 economic indicators. The index is published monthly, with the next release scheduled for November 24, 2025.

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