The Chicago Fed National Activity Index for February reversed to negative 0.64 from a revised negative 0.04 reading in January, originally reported as positive 0.02.

Meanwhile, the three-month moving average, or CFNAI-MA3, improved to negative 0.39 in February, up from January’s revised negative 0.13 reading, initially reported as negative 0.16, the Federal Reserve Bank of Chicago reported yesterday.

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