The Consumer Price Index Drops for the First Time in Over a Year.

The Bureau of Labor and Statistics reported today that the Consumer Price Index dropped 0.3%, the first time in 13 months to be exact (February 2016). The CPI is an indicator that measures the weighted average of a basket of goods and services. This comes after a small increase of 0.1% in February. One might … Continue reading The Consumer Price Index Drops for the First Time in Over a Year.

Chicago Fed National Activity Index. What is it and how important is it?

Lets try to make this nice and simple. I'll be honest. I have been following economic indicators since my college days and for some unknown reason, I have not come across this indicator. This is no ordinary economic indicator either. The┬áChicago Fed National Activity Index (CFNAI) is released monthly and is the weighted average of … Continue reading Chicago Fed National Activity Index. What is it and how important is it?