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National Economic Activity Survey Down

The national activity index for the month of February fell to -0.09 from +0.33 in January according to today’s report from the Chicago Fed. The index measures US economic activity in four broad categories: production and income; employment, unemployment, and…

By Paul Ausick
Published March 26, 2012, 10:58am ET · 1 min read

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The national activity index for the month of February fell to -0.09 from +0.33 in January according to today’s report from the Chicago Fed. The index measures US economic activity in four broad categories: production and income; employment, unemployment, and hours; personal consumption and housing; and sales, orders, and inventories. Of the four, the production/income and personal consumption/housing categories declined in February.

On a rolling three-month basis, the index posted a reading of 0.30 in February, up from 0.22 in January. That’s the highest reading since May 2010 and indicates that the national economy is growing faster than its historical trend.

The Chicago Fed press release is available here.

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Paul Ausick

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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