Chicago Fed index may indicate end of recession
Economic activity in the U.S. is around levels seen at the end of previous recessions, per Chicago Federal Reserve data. A three-month rolling average was minus 0.63 in September versus minus 0.96 in August. According to the Chicago Fed, the three-month average's climb back above minus 0.70 has correlated closely with the end of the downturn in the last four recessions.
Modern Distribution Management | 10/26
This story published in NAW SmartBrief on 10/29/2009
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