Click to enlarge.
A zero value for the index indicates that the national economy is expanding at its historical trend rate of growth; negative values indicate below-average growth; and positive values indicate above-average growth.
Source Data:
St. Louis Fed: Chicago Fed National Activity Index
Is that chart appropriate?
ReplyDeleteSeriously, you may need some sensitivity training. We're all above average these days.
mab,
ReplyDeleteTraining received and it was exceptional! I'm a changed man! Thank you!!
You just won yourself 5 awards!
1. Perfect Attendance on this post!
2. Best first comment on this post!
3. Best rhetorical question of the day on this post!
4. Best advice on a Tuesday on the 12th day in a November between 8:09pm and 8:11pm (Pacific Time)!
5. Best hourly use of sarcasm in an Illusion of Prosperity blog's comments!
The trophies are coming once the IPO (Illusion, Prosperity Of) goes public and I can fund the Chinese factory trophy workers with a small portion of the proceeds!