The Chicago Fed national activity index for April rebounded to positive 0.11 from a revised negative 0.44 reading in March, while the three-month moving average, or CFNAI-MA3, declined to negative 0.06 in April from a revised positive 0.02 in March, the bank reported Monday.

A year ago, the index was negative 0.84, while CFNAI-MA3 was negative 0.18.

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