08:45 AM EDT, 05/23/2024 (MT Newswires) -- The Chicago Federal Reserve Bank's monthly National Activity Index fell to a reading of minus 0.23 in April from a minus 0.04 reading in March, compared with expectations a reading of 0.13 in survey of analysts compiled by Bloomberg as of 7:35 am ET.

The three-month moving average rose to 0.01 from minus 0.17.

Of the 85 individual indicators, 20 made positive contributions to the index in April, while 65 made negative contributions. Some 30 indicators improved in the month, while 54 indicators deteriorated, and one was unchanged.