The Chicago Fed national activity index for January improved, rising to negative 0.58 from an upwardly revised negative 0.69 reading in December, originally reported as negative 0.91.

Meanwhile, the three-month moving average increased to negative 0.60 in January after December’s number was downwardly revised to negative 0.69 from negative 0.67, the Federal Reserve Bank of Chicago reported yesterday.

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.