Chicago Fed Index Comes In Weaker Than Expected

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AP

Headline: -0.37Expectations: -0.05

Analysis: Chicago Fed data takes into consideration the broader U.S. economy, rather than just the region. So this data is likely to reflect national weakness, which has solidified this month.

A number lower than 0 indicates weakness. Last month’s number was revised down as well, to -0.56. More evidence we’re in the midst of a slowdown.

Read more about the global slowdown here >

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