“Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to -0.15 in May from +0.42 in April,” the Federal Reserve Bank of Chicago announced on Monday. Key takeaways from the official publication The CFNAI Diffusion Index, which is also a three-month moving average, moved down to +0.10 in May from +0.23 in April. Forty-three indicators improved from April to May, while 42 indicators deteriorated. Manufacturing industrial production decreased 0.7 percent in May after increasing 0.6 percent in April. Â Employment-related indicators contributed +0.13 to the CFNAI in May, up slightly from +0.12 in April. Nonfarm payrolls rose by 223,000 in May after increasing by 159,000 in April. Â The contribution of the personal consumption and housing category to the CFNAI edged down to -0.04 in May from -0.03 in April. Â FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/MXN seen extending its leg lower – Commerzbank FX Street 4 years "Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to -0.15 in May from +0.42 in April," the Federal Reserve Bank of Chicago announced on Monday. Key takeaways from the official publication The CFNAI Diffusion Index, which is also a three-month moving average, moved down to +0.10 in May from +0.23 in April. Forty-three indicators improved from April to May, while 42 indicators deteriorated. Manufacturing industrial production decreased 0.7 percent in May after increasing 0.6 percent in April. Â Employment-related indicators contributed +0.13 to the CFNAI in May, up slightly from +0.12 in April. Nonfarm… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
