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IndicatorsNowcasting & Leading IndicatorsChicago Fed National Activity Index

Chicago Fed National Activity Index

United States·Federal Reserve Bank of St. Louis (FRED)·Monthly·Index
NormalizedStored official dataStale dataLoaded 19h agoDataset exceptions

Source:Federal Reserve Bank of St. Louis (FRED)·CFNAI

Chicago Fed National Activity Index

Chicago Fed National Activity Index in United States was -0.2 on March 1, 2026, lower by 0.23 (-766.7%) from the prior observation. Charted from monthly observations in index.

Series variants

Source and measurement

1 switchable
Unit · Indexcurrent2 options
IndexPercent
Latest-0.20
MoM-766.67%
YoY-225.00%
10Y Avg-0.07
Latest observationMarch 1, 2026
Model surprise-0.13

Timeframe

Value transform

Version overlay

Chart appearance

Overlays & outputNBER bandsAuto Y
Axis & export

Chicago Fed National Activity Index time series chart. Showing observations from March 1967 to March 2026. Latest value -0.2.

Min-18.28
Mean0.00
Max6.31
Latest observationMarch 1, 2026

Source evidence

Tier 1 - criticalU.S. macro backbone via St. Louis Fed; revision/vintage capable.Action: deepen nowExpected coverage: 800,000 series.
Source noteProvider health
SourceFederal Reserve Bank of St. Louis (FRED)
FRED
Native keyProvider-native identifier used to reconcile this country/provider series.
CFNAI
FreshnessDisplayed as stored official data.The provider-backed series is outside its expected freshness window, so this view should be refreshed before production use.Fetched: May 25, 2026.Latest observation flag: Preliminary.
Stored · 2026-03-01
HistoryPoint-in-time data via the FRED ALFRED endpoint. Each request returns the values as they were published on the supplied vintage date.Vintage history is derived from FRED ALFRED's realtime_start/realtime_end query parameters.
Source-native vintage
ReuseCommercial use: dataset specific.Redistribution: review required.Do not treat FRED as an automatically reusable commercial-display source. Prefer direct BEA, BLS, Census, FRB, Treasury, and EIA feeds where possible.Source: FRED, Federal Reserve Bank of St. Louis (CFNAI). Accessed 2026-05-25. Underlying-source rights may differ.
Dataset exceptions

Research notes

82 · Acceptable
ComparabilityAggregator is not the statistical authority: Use the source agency, source code, and methodology link when citing or reconciling with official releases.Seasonal-adjustment status needs attention: Prefer same-adjustment comparisons, or transform to year-over-year changes before cross-series comparison.
2 notes
QualitySource authority: 82/100. Aggregator source: useful access layer, but official methodology remains with the originating agency.Methodology completeness: 100/100. 100% of core provider, geography, unit, frequency, citation, and revision fields are populated.Timeliness and freshness: 90/100. 709 observations available; latest observation 2026-03-01; platform fetch 2026-05-25T21:30:37.435Z; release status none; data status liveRevision and vintage depth: 100/100. Point-in-time data via the FRED ALFRED endpoint. Each request returns the values as they were published on the supplied vintage date.
4/6 strong
CitationChicago Fed National Activity Index (FRED (St. Louis Fed): CFNAI, United States, retrieved May 26, 2026)
Retrieved May 26, 2026

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Browse all Nowcasting & Leading Indicators indicatorsAdjacent concepts across providers and countries.View United States macro coverageEvery curated indicator for this country.View FRED catalogFilter the discovery catalog by this provider.
Series details, provenance, and revision toolsMetadata, release notes, revision history, and related series.

Series details

SourceFederal Reserve Bank of St. Louis (FRED)
CategoryNowcasting & Leading Indicators
FrequencyMonthly
UnitIndex
Latest observationMarch 1, 2026
Platform last fetchMay 25, 2026
Transformslevel, mom, yoy
About this series

Chicago Fed National Activity Index