The Chicago Fed National Activity Index for April slumped to negative 0.53 from an unrevised negative 0.23 reading in March, while the three-month moving average (CFNAI-MA3) crept to negative 0.04 from a revised negative 0.05 in March, the Federal Reserve Bank of Chicago reported Monday.

In April 2012, the index was negative 0.02, while the CFNAI-MA3 was negative 0.13 in that month.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.