FX.co ★ CFNAI Increases in November

In November 2025, the Chicago Fed National Activity Index (CFNAI) for the US improved to -0.04, up from -0.42 in October, which marked a ten-month low, indicating a boost in economic growth for the month. The production-related indicators showed a positive contribution of +0.08, compared to -0.26 in the previous month. The contribution from the sales, orders, and inventories category remained at -0.03 in November, unchanged from October. Employment-related indicators improved slightly with a contribution of -0.07, up from -0.11 in October, while the personal consumption and housing category improved marginally to -0.02 from -0.03 in the previous month. Additionally, the CFNAI Diffusion Index, which provides a three-month moving average, rose to -0.24 in November from -0.43 in October.