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United States Chicago Fed National Activity Index (CFNAI) Employment Index

Price

0.01 Points
Change +/-
-0.06 Points
Percentage Change
-150.00 %

The current value of the Chicago Fed National Activity Index (CFNAI) Employment Index in United States is 0.01 Points. The Chicago Fed National Activity Index (CFNAI) Employment Index in United States decreased to 0.01 Points on 6/1/2023, after it was 0.07 Points on 4/1/2023. From 3/1/1967 to 5/1/2024, the average GDP in United States was 0 Points. The all-time high was reached on 6/1/2020 with 1.93 Points, while the lowest value was recorded on 4/1/2020 with -8.79 Points.

Source: Federal Reserve Bank of Chicago

Chicago Fed National Activity Index (CFNAI) Employment Index

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CFNAI Employment Index

Chicago Fed National Activity Index (CFNAI) Employment Index History

DateValue
6/1/20230.01 Points
4/1/20230.07 Points
1/1/20230.1 Points
12/1/20220.01 Points
10/1/20220.02 Points
9/1/20220.1 Points
7/1/20220.14 Points
6/1/20220.03 Points
5/1/20220.05 Points
4/1/20220.02 Points
1
2
3
4
5
...
41

Similar Macro Indicators to Chicago Fed National Activity Index (CFNAI) Employment Index

NameCurrentPreviousFrequency
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Automobile production
11.18 M Units11.73 M UnitsMonthly
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Bankruptcies
22,762 Companies22,060 CompaniesQuarter
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Business Climate
48.5 points48.7 pointsMonthly
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Business Inventories
0.5 %0.3 %Monthly
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Capacity Utilization
78.7 %78.2 %Monthly
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CFNAI Index for Personal Consumption and Housing
-0.02 points-0.02 pointsMonthly
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CFNAI Production Index
-0.21 %0.04 %Monthly
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CFNAI Sales, Order, and Inventory Index
-0.02 %-0.01 %Monthly
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Changes in Inventory Levels
60.2 B USD71.7 B USDQuarter
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Chicago Fed National Activity Index
0.18 points-0.26 pointsMonthly
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Chicago PMI
41.6 points46.6 pointsMonthly
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Composite Leading Indicator
100.095 points100.04 pointsMonthly
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Composite PMI
54.1 points54 pointsMonthly
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Consistency Index
143.15 points142.9 pointsMonthly
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Corn Grain Reserves
1.76 B Bushels4.993 B BushelsQuarter
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Corporate profits
2.727 T USD2.803 T USDQuarter
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Dallas Fed Manufacturing Delivery Index
2.8 points-3 pointsMonthly
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Dallas Fed Manufacturing Employment Index
-2.9 points-5.3 pointsMonthly
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Dallas Fed Manufacturing Index
-15.1 points-19.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Prices Paid Index
21.5 points20.4 pointsMonthly
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Dallas Fed Manufacturing Production Index
0.7 points-2.8 pointsMonthly
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Dallas Fed New Order Index
-1.3 points-2.2 pointsMonthly
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Dallas Fed Service Sector Revenue Index
7.7 points1.9 pointsMonthly
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Dallas Fed Services Index
-4.1 points-12.1 pointsMonthly
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Durable Goods Orders
-0.8 %-0.8 %Monthly
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Durable Goods Orders Excluding Defense
-0.2 %-0.5 %Monthly
🇺🇸
Durable Goods Orders Excluding Transportation
0.5 %-0.1 %Monthly
🇺🇸
Factory Orders
-0.5 %-0.8 %Monthly
🇺🇸
Factory Orders Excluding Transportation
0.7 %0.4 %Monthly
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Grain Reserves Wheat
702 M Bushels1.087 B BushelsQuarter
🇺🇸
Industrial production
0.4 %-0.7 %Monthly
🇺🇸
Industrial Production MoM
0.9 %0 %Monthly
🇺🇸
ISM Manufacturing Backlog
42.3 points44.1 pointsMonthly
🇺🇸
ISM Manufacturing Deliveries
52.6 points49.8 pointsMonthly
🇺🇸
ISM Manufacturing Employment
49.3 points51.1 pointsMonthly
🇺🇸
ISM Manufacturing Inventory Levels
42.6 points43.9 pointsMonthly
🇺🇸
ISM Manufacturing Prices
52.1 points57 pointsMonthly
🇺🇸
ISM Manufacturing Production
45.9 points48.5 pointsMonthly
🇺🇸
ISM New Orders Manufacturing
49.3 points45.4 pointsMonthly
🇺🇸
ISM New Orders Non-Manufacturing
54.1 points52.2 pointsMonthly
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ISM Non-Manufacturing Business Activity
57.2 points59.9 pointsMonthly
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ISM Non-Manufacturing Employment
47.1 points45.9 pointsMonthly
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ISM Non-Manufacturing Prices
58.1 points59.2 pointsMonthly
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Kansas Fed Composite Index
-8 points-2 pointsMonthly
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Kansas Fed Employment Index
-2 points-11 pointsMonthly
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Kansas Fed Manufacturing Index
-11 points-1 pointsMonthly
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Kansas Fed Manufacturing Index
-13 points-6 pointsMonthly
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Kansas Fed Manufacturing Index
7 points-12 pointsMonthly
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Kansas Fed Paid Prices Index
19 points18 pointsMonthly
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Leading Indicator
101.2 points101.7 pointsMonthly
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LMI Logistics Manager Index Future
66.1 points65.5 pointsMonthly
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LMI Storage Costs
63.6 points65.2 pointsMonthly
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LMI Transport Prices
61 points57.8 pointsMonthly
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LMI Warehouse Prices
64.5 points64.9 pointsMonthly
🇺🇸
LMI-Logistics Manager Index
56.5 points55.3 pointsMonthly
🇺🇸
Manufacturing PMI
51.6 points51.3 pointsMonthly
🇺🇸
Manufacturing Production
-0.3 %-0.6 %Monthly
🇺🇸
Manufacturing Production MoM
0.9 %-0.4 %Monthly
🇺🇸
Mining Production
-1.5 %-2.5 %Monthly
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New Orders
584.245 B USD587.023 B USDMonthly
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NFIB Business Optimism Index
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NY Empire State Employment Index
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NY Empire State Manufacturing Index
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NY Empire State Manufacturing Index
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NY Empire State Manufacturing Index
3.3 points-1.2 pointsMonthly
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NY Empire State Prices Paid Index
29 points23.2 pointsMonthly
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Orders for Capital Goods Excluding Defense and Aircraft
1 %-0.9 %Monthly
🇺🇸
Philadelphia Fed Manufacturing Index
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Philly Fed Business Climate
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Philly Fed CAPEX Index
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Philly Fed Employment
-2.5 points-7.9 pointsMonthly
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Philly Fed New Orders
-2.2 points-7.9 pointsMonthly
🇺🇸
Philly Fed Prices Paid
22.5 points18.7 pointsMonthly
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PMI Non-Manufacturing Sector
53.8 points49.4 pointsMonthly
🇺🇸
Retail Inventory Excluding Autos
0.2 %0.6 %Monthly
🇺🇸
Richmond Fed Manufacturing Index
-10 points0 pointsMonthly
🇺🇸
Richmond Fed Manufacturing Shipments
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🇺🇸
Richmond Fed Services Index
3 points-1 pointsMonthly
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Services PMI
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Soybean Grain Reserves
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🇺🇸
Steel production
6.7 M Tonnes7 M TonnesMonthly
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Total Vehicle Sales
16 M 15.8 M Monthly
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Vehicle Registrations
279,800 261,300 Monthly
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Wholesale Inventory Levels
0.6 %0.2 %Monthly

In the United States, the CFNAI Employment, Unemployment and Hours Index pertains to the contribution of employment-related indicators to the Chicago Fed National Activity Index (CFNAI), a monthly index designed to assess overall economic activity. The Employment, Unemployment and Hours Index constitutes 33 percent of the CFNAI and encompasses indicators such as non-farm payrolls, unemployment rate, job openings, and the ISM Manufacturing Employment Index.

What is Chicago Fed National Activity Index (CFNAI) Employment Index?

The Chicago Fed National Activity Index (CFNAI) Employment Index is a pivotal component of macroeconomic analysis that provides invaluable insights into the health of the labor market and broader economic conditions. At Eulerpool, where we pride ourselves on delivering precise and up-to-date macroeconomic data, the CFNAI Employment Index holds significant importance. This index, crafted by the Federal Reserve Bank of Chicago, is an essential tool for economists, investors, policymakers, and financial institutions who seek a deeper understanding of employment trends and their implications for future economic activity. The CFNAI Employment Index is part of the broader CFNAI, which is a weighted average of 85 monthly indicators that are designed to gauge overall economic activity and related inflationary pressures. The employment component specifically captures the nuances of the labor market, including information on employment, unemployment, and hours worked. The CFNAI Employment Index aggregates labor market data to present an encompassing view of the sector, facilitating more informed decision-making. For economists and analysts who rely on Eulerpool’s data, the CFNAI Employment Index offers a more refined picture compared to conventional employment metrics. Traditional measures such as the unemployment rate or payroll job numbers provide critical data but often lack the comprehensive perspective needed to evaluate the broader employment landscape. The CFNAI Employment Index, in contrast, integrates multiple facets of employment data into a single, cohesive measure. This multi-dimensional approach accounts for fluctuations and trends that single metrics might overlook. Investors frequently turn to the CFNAI Employment Index as a leading indicator of economic performance. Employment trends are crucial to understanding consumer behavior since higher employment typically translates to greater consumer spending, which drives economic growth. Thus, changes in the CFNAI Employment Index can signal shifts in economic momentum, offering invaluable foresight for investment strategies. For instance, a rising index generally indicates improving labor market conditions, which policymakers might interpret as a sign of economic resilience, potentially influencing monetary policy decisions. Policymakers themselves leverage the CFNAI Employment Index to guide economic policy and assess the effectiveness of current measures. By analyzing the index, they can discern whether the labor market is strengthening or weakening, enabling more tailored policy responses. For example, a sustained increase in the CFNAI Employment Index might prompt considerations for tightening monetary policy to curb potential inflationary pressures or overheating of the economy. Conversely, a declining trend could lead to discussions about the need for stimulative measures. Moreover, economic researchers and academics delve into the CFNAI Employment Index to explore underlying labor market dynamics. The index provides a rich dataset that can be used to analyze various aspects of employment, such as sector-specific trends, geographical disparities, and the impact of macroeconomic shocks on the labor market. The detailed and consolidated nature of the CFNAI Employment Index makes it an ideal resource for scholarly research and empirical studies focused on employment economics. For businesses and corporate strategists, understanding the CFNAI Employment Index is vital for planning and decision-making. Labor market conditions can significantly impact business operations, from talent acquisition and wage setting to long-term strategic planning. Companies that closely monitor the CFNAI Employment Index can better anticipate changes in the labor market, allowing them to adjust their strategies accordingly. For example, a rising employment index could indicate a tightening labor market, suggesting that businesses might face greater competition for skilled workers and could need to adjust their compensation packages to attract top talent. At Eulerpool, our commitment to providing high-quality macroeconomic data extends to ensuring that our users have access to comprehensive and detailed information on the CFNAI Employment Index. We understand that the accuracy and timeliness of data are crucial for effective analysis and decision-making. Therefore, we strive to present the CFNAI Employment Index data in an accessible and user-friendly format, complemented by insightful analysis and commentary. The significance of the CFNAI Employment Index also lies in its predictive power. Historical analysis has shown that turning points in the CFNAI Employment Index often precede changes in broader economic activity. Therefore, by tracking the index, users can gain early warnings of impending economic shifts. This predictive capability is especially valuable in the fast-paced world of finance and economics, where early and accurate signals can make a substantial difference. In summary, the CFNAI Employment Index is an indispensable tool for anyone involved in macroeconomic analysis. Its ability to synthesize multiple employment metrics into a single, comprehensive indicator makes it a superior measure of labor market health. At Eulerpool, we are dedicated to providing the most accurate and up-to-date CFNAI Employment Index data to our users, ensuring they have the information they need to make informed decisions. Whether you are an economist, investor, policymaker, researcher, or business leader, keeping a close watch on the CFNAI Employment Index can significantly enhance your understanding of the labor market and the broader economic landscape.