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The Week Ahead: Gauging the Economy With the Chicago Fed

The Federal Reserve Bank of ChicagoOn Monday at 8:30 a.m. EST, the Chicago Fed will release its National Activity Index, a monthly index tracking inflation and overall economic activity. The Chicago Fed National Activity Index (CFNAI) is a weighted average tracking 85 different monthly economic indicators, drawn from four different categories of data: 1) production and income; 2) employment, unemployment, and hours; 3) personal consumption and housing; and 4) sales, orders, and inventories. The last CFNAI was released on December 21, 2017, and saw the Index decline to +0.15 in November 2017, down from +0.76 in October.

Here’s what else is scheduled for The Week Ahead.

  • Chicago Federal Reserve Bank President Charles Evans to speak at Chicago Council of Global Affairs conference on "The Future of Monetary Policy: Embracing the Unconventional" in Chicago, Illinois, Tuesday, 6:30 p.m. EST
  • MBA Mortgage Applications, Wednesday, 7 a.m. EST
  • FHFA House Price Index, Wednesday, 9 a.m. EST
  • Jobless Claims, Thursday, 8:30 a.m. EST
  • Bloomberg Consumer Comfort Index, Thursday, 9:45 a.m. EST
  • New Home Sales, Thursday, 10 a.m. EST
  • Fed Balance Sheet, Thursday, 4:30 p.m. EST
  • Gross Domestic Product, Friday, 8:30 a.m. EST

About Author: David Wharton

Profile photo of David Wharton
David Wharton, Online Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 15 years of experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected]

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