Chicago Fed's April national activity index rose 0.47 from a revised 0.36 in March

The Chicago Fed US national activity index for April rose to 0.47 from 0.36 last month (revised from 0.44).

Broad categories of indicators used to construct the index made positive contributions in April with three improving from March.

• 3 month average 0.48 vs. 0149 in March
• 62 of 85 individual indicators made positive contributions
• 23 May negative contributions
• 47 indicators improved from March to April
• 37 indicators deteriorated from March to April
• one indicator was unchanged from March to April
• production related indicators contributed 0.26 up from 0.20 in March
• employment contributed 0.10 which was lower than the 0.17 in March
• The contributions of personal consumption and housing category moved up to 0.08 in April from 0.01

/Federal Reserve Federal Reserve The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the Read this Term