The Chicago Fed National Activity Index for December dropped to positive 0.02 from a revised positive 0.27 reading in November, while the three-month moving average (CFNAI-MA3) rose to negative 0.11 from a revised negative 0.13 in November, the Federal Reserve Bank of Chicago reported Tuesday.

In December 2011, the index was positive 0.67, while the CFNAI-MA3 was positive 0.16 in that month.

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