The Chicago Fed National Activity Index for August soared to positive 0.14 from a revised negative 0.43 reading in July, while the three-month moving average (CFNAI-MA3) improved to negative 0.18 from a revised negative 0.24 in July, the Federal Reserve Bank of Chicago reported Monday.

In August 2012, the index was negative 0.95, while the CFNAI-MA3 was negative 0.51 in that month.

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