June US Chicago Fed national activity index -0.32 vs -0.15 prior

<ul><li>Prior was -0.15 (revised to -0.28)</li><li> Thirty-one of the 85 individual indicators made positive contributions
to the CFNAI in June, while 54 made negative contributions</li><li> Thirty-three indicators improved
from May to June, while 51 indicators deteriorated and one was unchanged</li><li>Production-related indicators contributed –0.27 to the CFNAI in
June, down from –0.20 in May</li></ul><p>This is a composite index of data that's already been released, so it's not a market mover. But it's a useful barometer of the economic landscape and it highlights that manufacturing is in a recession but that the rest of the economy hasn't followed, at least not yet.</p>

This article was written by Adam Button at www.forexlive.com.