Home > Releases > Chicago Fed National Activity Index > Chicago Fed National Activity Index: Diffusion Index (CFNAIDIFF)
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 Current Series in FRED

RealTime Period

Title

Start

End


Chicago Fed National Activity Index: Diffusion Index

20120625

Current


Source




Federal Reserve Bank of Chicago

20120625

Current


Release




Chicago Fed National Activity Index

20120625

Current


Units




Index

20120625

Current


Frequency




Monthly

20120625

Current


Seasonal Adjustment




Not Seasonally Adjusted

20120625

Current


Notes




The CFNAI Diffusion Index is a metric based on the magnitude of the weight given to each of the underlying indicators in the CFNAI when constructing the index as their weighted average. The index is calculated as the sum of the absolute values of the underlying indicators whose contribution to the CFNAI is positive in a given month less the sum of the absolute values of the weights for those indicators whose contribution is negative or neutral, expressed as a proportion of the total sum of the absolute values of the weights. By construction, the sum of the absolute values of the CFNAI weights is one. To make this measure comparable to the CFNAIMA3, the threemonth moving average is calculated. Source: http://www.chicagofed.org/digital_assets/publications/cfnai/background/cfnai_background.pdf

20120625

Current


Related Categories
Money, Banking, & Finance > Financial Indicators > Financial Activity Measures
