The Chicago Fed National Activity Index in the US decreased to -0.04 in August 2026 from an upwardly revised +0.08 in July, suggesting economic growth decreased. Production-related indicators contributed -0.07, down from 0.00 in July. The sales, orders, and inventories category's contribution was 0.00 in August, down from +0.15 in July. On the other hand, employment-related indicators contributed +0.01, up from -0.01 in July. The personal consumption and housing category's contribution was +0.01 in August, up from -0.06 in July. The index's three-month moving average, CFNAI-MA3, increased to +0.01 in August from -0.01 in July.