June 2014 Economic Activity

June 2014- Economic activity decelerated in June, this is according to the Fed (Chicago) national activity report released today (July 21st). It dipped down to 0.12 in June from 0.16 in May. This is still the fourth month above zero. A reading of zero is equal to trend growth. It has a weighted average of 85 indicators of national economic activity. The current three-month average slowed to 0.18 in June 2014 from 0.33 in May 2014