The Chicago Fed national activity index for April declined to negative 0.45 from a revised positive 0.32 reading in March, while the three-month moving average slipped to negative 0.12 in April from March’s revised positive 0.08, the Federal Reserve Bank of Chicago reported Monday.

In April 2010, the index was a positive 0.34 while the three-month moving average, or CFNAI-MA3, was positive 0.15.

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