Index of economic activity from the Fed, Chicago dropped in February in connection with the slowdown of production

Index of economic activity from the Fed, Chicago was -0.64 points for February. In the January value of this indicator has been revised from 0.02 to -0.04 points.

It is worth noting that the slowdown in economic activity in part due to the recession. The production component of index of economic activity from the Fed, Chicago dropped in February for the first time in eight months. Reduction also contributed to the levels of consumption and employment.

Positive contribution to the dynamics of the index of economic activity from the Fed, Chicago made an indicator of sales, orders and stocks, which has improved over the reporting period.