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Home > Releases > Chicago Fed Midwest Economy Index > Chicago Fed Midwest Economy Index
Observation:
Feb 2021: 0.34967 (+ more)Feb 2021: | 0.34967 | |
Jan 2021: | 0.65011 | |
Dec 2020: | 1.12090 | |
Nov 2020: | 1.90011 | |
Oct 2020: | 3.07079 |
Units:
Index Standard Deviation,Frequency:
MonthlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Title | Release Dates | |
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Chicago Fed Midwest Economy Index | 2014-04-28 | 2021-03-31 |
Source | ||
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Federal Reserve Bank of Chicago | 2014-04-28 | 2021-03-31 |
Release | ||
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Chicago Fed Midwest Economy Index | 2014-04-28 | 2021-03-31 |
Units | ||
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Index Standard Deviation | 2014-04-28 | 2021-03-31 |
Frequency | ||
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Monthly | 2014-04-28 | 2021-03-31 |
Seasonal Adjustment | ||
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Seasonally Adjusted | 2014-04-28 | 2021-03-31 |
Notes | ||
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The Midwest Economy Index is a weighted average of 129 state and regional indicators encompassing the entirety of the five states in the Seventh Federal Reserve District (Illinois, Indiana, Iowa, Michigan, and Wisconsin). The index measures growth in nonfarm business activity based on indicators of four broad sectors of the Midwest economy: 1) manufacturing, 2) construction and mining, 3) services, and 4) consumer spending. A zero value for the Midwest Economy Index indicates that the Midwest economy is expanding at its historical trend rate of growth; positive values indicate above-average growth; and negative values indicate below-average growth. 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 | 2021-03-31 |
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