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Chicago Fed National Activity Index

Latest value: −0.04 for August 2026, +0.32 points from a year earlier (against August 2025). 140 monthly observations from January 2015 to August 2026, in index (0 = average). Source: FRED (FRED route); context series, not an input to the Nowflation CPI Gauge.

Latest observations

PeriodValue
August 2026−0.04
July 20260.08
June 2026−0.01
May 2026−0.10
April 20260.13
March 2026−0.11
February 20260.22
January 2026−0.07
December 2025−0.06
November 2025−0.31
October 2025−0.50
September 2025−0.31

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Cite: Nowflation, “Chicago Fed National Activity Index” (CFNAI), data from FRED, retrieved October 18, 2026, https://nowflation.com/series/CFNAI. The series at its source: FRED.

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