The Chicago Fed National Activity Index for March slumped to negative 0.23 from a revised positive 0.76 reading in February, while the three-month moving average (CFNAI-MA3) slid to negative 0.01 from a revised positive 0.12 in February, the Federal Reserve Bank of Chicago reported Monday.

In March 2012, the index was negative 0.57, while the CFNAI-MA3 was positive 0.02 in that month.

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