May 2017

Consumer Confidence

The Conference Board Consumer Confidence Composite fell back 1.5 points in May to 117.9 points, while the three month moving average (3MMA) stood at 119.7. Despite the decline for the second consecutive month, the 3MMA is at its highest level since January 2001. The present situation has surpassed the level attained prior to the great [...]

Chicago Fed National Activity Index

The CFNAI’s headline index surged to its highest level since November 2014. A 0.46 gain from production associated indicators was principal driver. The strong rise boosted the 3 month moving average (3MMA), its best showing since December 2014. The Chicago Fed National Activity Index is a coincident indicator of broad economic activity. It is released monthly [...]