- Prior was -0.15 (revised to -0.28)
- Thirty-one of the 85 individual indicators made positive contributions
to the CFNAI in June, while 54 made negative contributions - Thirty-three indicators improved
from May to June, while 51 indicators deteriorated and one was unchanged - Production-related indicators contributed –0.27 to the CFNAI in
June, down from –0.20 in May
This is a composite index of data that’s already been released, so it’s not a market mover. But it’s a useful barometer of the economic landscape and it highlights that manufacturing is in a recession but that the rest of the economy hasn’t followed, at least not yet.