financetom
Economy
financetom
/
Economy
/
October Chicago Fed National Activity Index Declines Unexpectedly
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
October Chicago Fed National Activity Index Declines Unexpectedly
Nov 25, 2024 5:49 AM

08:38 AM EST, 11/25/2024 (MT Newswires) -- The Chicago Federal Reserve Bank's monthly National Activity Index fell to a reading of minus 0.40 in October from minus 0.27 in September, compared with expectations for an increase to a reading of minus 0.20 in a survey compiled by Bloomberg as of 7:35 am ET.

The three-month moving average decreased to minus 0.24 from minus 0.21.

Of the 85 individual indicators, 30 made positive contributions to the index in October, while 55 made negative contributions. Some 35 indicators improved in the month, while 48 indicators deteriorated and two were unchanged.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US manufacturing steady in September; prices paid measure lowest in nine months
US manufacturing steady in September; prices paid measure lowest in nine months
Oct 2, 2024
WASHINGTON(Reuters) - U.S. manufacturing held steady at weaker levels in September, but new orders improved and prices paid for inputs declined to a nine-month low, which together with falling interest rates bode well for a rebound in activity in the coming months. The Institute for Supply Management (ISM) said on Tuesday its manufacturing PMI was unchanged at 47.2 last month....
In Nevada, where hospitality rules, tipping is not the issue
In Nevada, where hospitality rules, tipping is not the issue
Oct 2, 2024
LAS VEGAS/RENO, Nevada (Reuters) - Two decades into her work as a unionized bartender in Reno, Nevada, Kristie Strejc has the comfort of job stability, her pick of the best shifts, and, unlike many in the hospitality industry, enough income that she'd actually benefit from plans floated by both U.S. presidential candidates to exempt tips from federal income tax. But...
US manufacturing steady in September; prices paid measure lowest in nine months
US manufacturing steady in September; prices paid measure lowest in nine months
Oct 2, 2024
WASHINGTON(Reuters) - U.S. manufacturing held steady at weaker levels in September, but new orders improved and prices paid for inputs declined to a nine-month low, which together with falling interest rates bode well for a rebound in activity in the coming months. The Institute for Supply Management (ISM) said on Tuesday its manufacturing PMI was unchanged at 47.2 last month....
US Dollar Rises Early Tuesday Ahead of Busy Data Calendar, Fed Appearances
US Dollar Rises Early Tuesday Ahead of Busy Data Calendar, Fed Appearances
Oct 2, 2024
07:52 AM EDT, 10/01/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday ahead of a busy day of economic releases, starting with weekly Redbook same store sales at 8:55 am ET. The S&P Global manufacturing index for September is due for release at 9:45 am ET, followed by the Institute for Supply Management's manufacturing...
Copyright 2023-2025 - www.financetom.com All Rights Reserved