The Chicago Fed National Activity Index for February surged to positive 0.44 from a revised negative 0.49 reading in January, while the three-month moving average (CFNAI-MA3) slid to positive 0.09 from a revised positive 0.28 in January, the Federal Reserve Bank of Chicago reported Monday.

In February 2012, the index was positive 0.25, while the CFNAI-MA3 was positive 0.46 in that month.

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