Chicago Federal National Activity Index (August 2013)
– Index level +0.14. Previous revised to -0.43 from -0.15
– 3-Month Average -0.18.
The nominal gain was more than offset by the twice as large downward revision to July. This Index – produced by the Chicago Fed – is a weighted average of 85 monthly indicators of national economic activity.
PMI Manufacturing Index Flash
– Index Level 52.8. Previous was 53.9.
Manufacturing is growing but the rate of growth is slowing.