November 26, 2012 at 11:04 AM EST
Chicago Fed: Slower Economic Activity In October
The economy’s momentum weakened last month, according to today’s update of the Chicago Fed National Activity Index (CFNAI). The slowdown isn’t surprising, given the monthly declines cited in several reports for October data—retail sales and industrial production, for instance. The question remains if Hurricane Sandy distorted the data? That’s a possibility, although it’s not clear [...]
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