Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI2) is one index that is supposed to measure stress in the financial system. Its reading as of the June 10, 2021 update (reflecting data through June 4, 2021) is -1.0062: source: Federal Reserve Bank of St. Louis, St. Louis Fed Financial Stress Index [STLFSI2], retrieved from FRED, …

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Updates Of Economic Indicators May 2021

The following is an update of various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The May 2021 Chicago Fed National Activity Index (CFNAI) updated as of May 24, 2021: The CFNAI, with a current reading of .24: source:  Federal Reserve Bank of Chicago, Chicago Fed National …

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Philadelphia Fed – 2nd Quarter 2021 Survey Of Professional Forecasters

The Philadelphia Fed 2nd Quarter 2021 Survey of Professional Forecasters was released on May 14, 2021.  This survey is somewhat unique in various regards, such as it incorporates a longer time frame for various measures. The survey shows, among many measures, the following median expectations: Real GDP: (annual average level) full-year 2021:  6.3% full-year 2022:  4.3% full-year 2023:  …

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