New data: The CFSEC Manufacturing Activity Index increased to +45 in October from +24 in September, and the CFSEC Nonmanufacturing Activity Index increased to –14 in October from –20 in September. #CFSEC #economy #manufacturing bit.ly/3PlobWM
New data: The Chicago Fed Survey of Economic Conditions (CFSEC) Activity Index increased to +6 in October from –4 in September, suggesting that economic growth was near trend. The CFSEC is a survey of organizations located in the Seventh District. #CFSEC bit.ly/3PlobWM
The National Financial Conditions Index (NFCI) was unchanged at –0.50 in the week ending October 16, suggesting steady financial conditions. #NFCI #economy bit.ly/3HIOBzR
It’s a perfect fall day here in Chicago and our doors are open for Open House Chicago 2026. Stop by today and tomorrow from 10 a.m. – 5 p.m. (last entry at 4:30) to see our historic building. #OHC2026
Tomorrow, join experts for the final two panels of the 2026 Midwest Agriculture Conference. Panelists will discuss crop storage and transportation as well as financing Midwestern crop farmers. Watch the livestream: bit.ly/3VnfxPD
How did economic conditions affect energy prices like diesel and oil in late August and September? Find out what Chicago Fed contacts told us in the latest Beige Book. Read more: bit.ly/3Ysar0s
The National Financial Conditions Index (NFCI) increased to –0.50 in the week ending October 9, suggesting tighter financial conditions. #NFCI #economy bit.ly/3HIOBzR
The Chicago Fed Advance Retail Trade Summary (CARTS) projects retail & food services sales excluding motor vehicles & parts (ex. auto) to increase +0.4% in September on a seasonally adjusted basis and to decrease -0.6% when adjusted for inflation. bit.ly/3OIirIC
Join us Tuesday, November 3rd for a virtual event focused on insiders and outsiders in the U.S. labor market and how they are being affected by today’s low-hire, low-fire environment. Register to attend: bit.ly/4y5Ocz9
FRIDAY, 10/16: Don't miss the discussion on the demand for corn and soybeans with @Mizzou's Seth Meyer and @CoBank's Brian Earnest. Deadline is today to attend in person. Virtual registration options also available: bit.ly/3VnfxPD
The National Financial Conditions Index (NFCI) increased to –0.49 in the week ending October 2, suggesting tighter financial conditions. #NFCI #economy bit.ly/3HIOBzR
The Chicago Fed’s MuniTrack gives a clear view of financial conditions in the U.S. muni bond market—using high & low frequency metrics to help issuers, investors, dealers & policymakers track recent trends. Explore the data: bit.ly/3TFMmXA
On October 16, hear from Jay Debertin (CHS Inc.) and policy advisor David Oppedahl as they explore what happens to bumper harvest from Midwestern fields at the 2026 Midwest Agriculture Conference. Register today to attend: bit.ly/3VnfxPD
The Chicago Fed forecast sees the unemployment rate as equally likely to increase or decrease in September, with a 29% probability of no change. bit.ly/4270rP2
The Chicago Fed Real-Time Unemployment Rate Forecast for September is 4.10%, a small decline from the BLS value for the previous month. bit.ly/4270rP2
ChicagoFed retweeted
.@ChicagoFed President @Austan_Goolsbee argues that recent supply shocks have become larger, more frequent, and more persistent—challenging the conventional wisdom that central banks can simply look through them.
When a supply shock has lasting effects on inflation, he says, the Fed must act to restore price stability.
Watch the latest episode of Economics, Applied with Hoover Senior Fellow Steven J. Davis: hoover.org/plus/research/how…
Should the Fed "look through" supply shocks?
@ChicagoFed President @Austan_Goolsbee joins Hoover Senior Fellow Steven J. Davis on Economics, Applied to discuss why recurring supply shocks may call for tighter monetary policy—and what the 1970s can teach us about today's tariffs, supply-chain disruptions, inflation, and wage stickiness.
Watch more on Hoover+: hoover.org/plus/research/how…
The National Financial Conditions Index (NFCI) was unchanged at –0.55 in the week ending September 25, suggesting steady financial conditions. #NFCI #economy bit.ly/3HIOBzR
ChicagoFed retweeted
The @IMA_Today is proud to host Austan Goolsbee, President and CEO of the @ChicagoFed this afternoon in Champaign. It’s the first visit to Champaign by a Federal Reserve President in decades.
The IMA was pleased to partner with colleagues @carannmck with the Champaign County EDC and Laura Weis from the Champaign County Chamber of Commerce along with Troy Uphoff who sits on a Fed Advisory Commitee. Special thanks to the University of Illinois System team as well!
IMA Chair @Karahuss with @TCCI_Mfg moderated the fireside chat in front of 200+ attendees.
Austan participated in a small private meeting in advance with leaders Christopher Cuddy at ADM, Mark Dixon and the The Atkins Group, Carly, Troy and the IMA’s Donovan Griffith who also emceed the event.
The IMA is front and center with key officials and policymakers who impact our manufacturing sector.
“My argument is that in this new environment, there are some supply shocks that central banks should not simply look through—namely, the persistent ones,” President @Austan_Goolsbee said last week in London. Read the full remarks: bit.ly/4jgTEvg
🗣️: @Austan_Goolsbee, Steve Edwards, Dan Gaylin (@NORCNews), @BigDataGoSMALL, @kylascan, Joanne Hsu (@UMich), Brian Fabes (NORC), Ric Estrada (Metropolitan Family Services), Keith Rothstein (@meijer) and Ashani Johnson-Turbes (NORC)
Watch the livestream on September 30 of Why Consumers and Economists See Different Economies, a joint event with @NORCNews on the relationship between consumer sentiment and the current economy. bit.ly/4yZC57N























