Composite reading from the Chicago Fed
- Prior was +0.09 (revised to -0.01)
- Was +0.26 in May (revised to +0.15)
This report is a composite reading of 85 already-released economic indicators. Anything above zero is positive and is broken into four broad categories:
- production and income;
- employment, unemployment, and hours;
- personal consumption and housing;
- sales, orders, and inventories
The gain this month was led by improvements in production but three of the four categories were positive.
This article was originally published by Forexlive.com. Read the original article here.