08:40 AM EDT, 03/25/2024 (MT Newswires) -- The Chicago Federal Reserve Bank's monthly National Activity Index rebounded to a reading of 0.05 in February from a downwardly revised minus 0.54 in January, compared with expectations for a smaller increase to minus 0.34 in survey of analysts compiled by Bloomberg as of 7:45 am ET.

The three-month moving average declined to minus 0.18 from minus 0.11.

Of the 85 individual indicators, 46 made positive contributions to the index in February, while 39 made negative contributions. Some 54 indicators improved in the month, while 30 indicators deteriorated, and one was unchanged.