The Chicago Fed national activity index for March improved to negative 0.07 from a revised negative 0.44 reading in February, originally reported as negative 0.64.

Meanwhile, the three-month moving average — or CFNAI-MA3 — improved to negative 0.18 in March from February’s revised negative 0.31 reading, initially reported as negative 0.39, the Federal Reserve Bank of Chicago reported yesterday.

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