Chicago Fed: U.S. economy is generally weak before the election
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Odaily Odaily News: U.S. economic growth fell slightly last month, according to a monthly index released on Thursday. Americans are watching who will be the next president. The Chicago Fed said the Chicago Fed National Activity Index fell to -0.28 in September from -0.01 in August. A reading above zero indicates that economic growth is improving on average. At the same time, the three-month moving average of the index fell from -0.14 to -0.19, further indicating that economic activity was generally weak ahead of the uncertain presidential election in early November. (Jinshi)
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