Skip to main content

Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Consumer Spending Sector (CONSUMIM683SFRBCHI)

Observation:

May 2018: 0.00665  
Updated: Jun 29, 2018

Units:

Index Standard Deviation,
Seasonally Adjusted

Frequency:

Monthly
1Y | 5Y | 10Y | Max
Close
  EDIT BAR 1
(a) Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Consumer Spending Sector, Index Standard Deviation, Seasonally Adjusted (CONSUMIM683SFRBCHI)
This series represents the contributions of Michigan's consumer spending sector to the Midwest Economy Index (MEI). This series is the weighted average of state variables measuring the growth in nonfarm business activity based on consumer spending sector indicators for the Michigan.

A zero value represents an average contribution to the MEI by the state of Michigan, whereas a positive value indicates that an above-average contribution to MEI; and negative values indicate below-average contribution to MEI.

For further information about the Midwest Economy Index, go to http://midwest.chicagofedblogs.org/archives/2011/03/mei_by_scott_br.html and http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflnovember2010_280.pdf.

Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Consumer Spending Sector

Select a date that will equal 100 for your custom index:
to

Customize data:

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Now create a custom formula to combine or transform the series.
Need help? []

Finally, you can change the units of your new series.

Select a date that will equal 100 for your custom index:

  EDIT BAR 2
(a) Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Consumer Spending Sector, Index Standard Deviation, Seasonally Adjusted (CONSUMIM683SFRBCHI)
This series represents the contributions of Michigan's consumer spending sector to the Midwest Economy Index (MEI). This series is the weighted average of state variables measuring the growth in nonfarm business activity based on consumer spending sector indicators for the Michigan.

A zero value represents an average contribution to the MEI by the state of Michigan, whereas a positive value indicates that an above-average contribution to MEI; and negative values indicate below-average contribution to MEI.

For further information about the Midwest Economy Index, go to http://midwest.chicagofedblogs.org/archives/2011/03/mei_by_scott_br.html and http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflnovember2010_280.pdf.

Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Consumer Spending Sector

Select a date that will equal 100 for your custom index:
to

Customize data:

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Now create a custom formula to combine or transform the series.
Need help? []

Finally, you can change the units of your new series.

Select a date that will equal 100 for your custom index:

ADD BAR

Add data series to graph:

FORMAT GRAPH
Log scale:

fullscreen
Shaded areas indicate U.S. recessions
alfred.stlouisfed.org



NOTES
Title Release Dates
Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Consumer Spending Sector 2014-04-28 2018-06-29
 
Source    
Federal Reserve Bank of Chicago 2014-04-28 2018-06-29
 
Release    
Chicago Fed Midwest Economy Index 2014-04-28 2018-06-29
 
Units    
Index Standard Deviation 2014-04-28 2018-06-29
 
Frequency    
Monthly 2014-04-28 2018-06-29
 
Seasonal Adjustment    
Seasonally Adjusted 2014-04-28 2018-06-29
 
Notes    
This series represents the contributions of Michigan's consumer spending sector to the Midwest Economy Index (MEI). This series is the weighted average of state variables measuring the growth in nonfarm business activity based on consumer spending sector indicators for the Michigan.

A zero value represents an average contribution to the MEI by the state of Michigan, whereas a positive value indicates that an above-average contribution to MEI; and negative values indicate below-average contribution to MEI.

For further information about the Midwest Economy Index, go to http://midwest.chicagofedblogs.org/archives/2011/03/mei_by_scott_br.html and http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflnovember2010_280.pdf.

2014-04-28 2018-06-29
RELATED CONTENT

Related Resources

Related Categories

Michigan States U.S. Regional Data Financial Activity Measures Financial Indicators Money, Banking, & Finance

Sources

More Releases from Federal Reserve Bank of Chicago

Releases

More Series from Chicago Fed Midwest Economy Index

Tags

Midwest Chicago Fed Michigan Sector Personal Consumption Expenditures Consumption Expenditures Consumption Personal State Indexes Seasonally Adjusted Monthly United States of America
RELEASE TABLES





Browse Data

Retrieving data.
Updating graph.

Need Help?

Questions or Comments
ALFRED FAQs
General FAQs

Subscribe to the FRED newsletter

Follow us

Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo
Back to Top
Top